$66660.6
Time period | Change amount | % Change |
---|---|---|
1H | $+113.13 | +0.17% |
24H | $+496.23 | +0.75% |
7D | $+3678.17 | +5.84% |
30D | $-436.13 | -0.65% |
1Y | $+39105.79 | +141.92% |
96.87
Reliability Score
Rank #1
# 1
Percentile
TOP 5%
Bitcoin price today is $66660.6 with a 24-hour trading volume of $16.25 B, and as such Bitcoin has a market cap of $1311.84 B, giving it a market dominance of 36.75%. The Bitcoin price moved 0.7500% in the last 24 hours.
Bitcoin reached its highest price on 2024-03-14 when it was trading at its all-time high of $73738, while its lowest price was recorded on 2013-07-06 when it was trading at its all-time low of $67.81. The current lowest price since the last cycle high was $67.81, and the highest price since the last cycle low was $73738. The social sentiment of Bitcoin is currently Positive.
The current circulating supply of Bitcoin is $19.68 M BTC. In terms of market cap, Bitcoin is currently ranked 1.
There are two schools of thought in determining the price of Bitcoin.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Bitcoin, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Bitcoin from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Bitcoin on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Bitcoin as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Bitcoin and the cryptocurrency market as a whole.
Despite quirky and long labels, there are already several thousand etchings in the wake of the Bitcoin halving.
OP_CAT, which could enable advanced functionality on Bitcoin, was introduced as BIP-420 by Taproot Wizards co-founder Udi Wertheimer.
The defunct crypto exchange will distribute 142,000 BTC and 143,000 BCH to creditors later this year, 10 years after its implosion due to a hack.
Despite most Bitcoin ETFs seeing outflows recently, BlackRock’s spot Bitcoin ETF has seen impressive inflows.
The research paper aims to incentivize miners to use verified low-carbon energy sources, by rewarding them with additional Bitcoin.
Bitcoin Runes tokens are already trading via Gate.io, as other big exchanges potentially test the waters. Will widespread adoption follow?
Date | Market Cap | Volume | Open | Close |
---|---|---|---|---|
2024-04-24 | $1311.58 B | 365122.11 BTC | $66613.5 | N/A |
2024-04-23 | $1314.43 B | 405515.54 BTC | $66760.14 | $66613.5 |
2024-04-22 | $1281.01 B | 334795.99 BTC | $65064.24 | $66760.14 |
2024-04-21 | $1281.08 B | 341841.29 BTC | $65069.1 | $65064.24 |
2024-04-20 | $1259.27 B | 672456.48 BTC | $63962.73 | $65069.1 |
2024-04-19 | $1282.45 B | 777684.21 BTC | $65142.39 | $63962.73 |
2024-04-18 | $1206.26 B | 587615.21 BTC | $61275.32 | $65142.39 |
2024-04-17 | $1256.54 B | 656651.01 BTC | $63831.85 | $61275.32 |