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Cryptocurrency News Articles

Bitcoin (CRYPTO: BTC) Price Falls 3.01% to $67,275.00 Over the Past 24 Hours

Jun 01, 2024 at 03:01 am

Over the past 24 hours, Bitcoin's (CRYPTO: BTC) price has fallen 3.01% to $67,275.00. This continues its negative trend over the past week

Bitcoin (CRYPTO: BTC) Price Falls 3.01% to $67,275.00 Over the Past 24 Hours

Over the past 24 hours, Bitcoin's (CRYPTO: BTC) price has dropped 3.01% to $67,275.00. This marks a continuation of the coin's negative trend over the past week, where it has experienced a 2.0% loss, moving from $68,950.52 to its current price.

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 fallen 27.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has decreased by 0.03%. This brings the circulating supply to 19.71 million, which makes up an estimated 93.84% of its max supply of 21.00 million. According to our data, the current market cap ranking for BTC is #1 at $1.33 trillion.

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