Bitcoin’s Price Increased More Than 6% Within 24 hours
Bitcoin’s (CRYPTO: BTC) price has increased 6.46% over the past 24 hours to $51,857.00. Over the past week, BTC has experienced an uptick of over 21.0%, moving from $42,966.83 to its current price. As it stands right now, the coin’s all-time high is $69,045.00.
The chart below compares the price movement and volatility for Bitcoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
The trading volume for the coin has climbed 147.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.77%. This brings the circulating supply to 19.63 million, which makes up an estimated 93.47% of its max supply of 21.00 million. According to our data, the current market cap ranking for BTC is #1 at $1.02 trillion.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.