Bitcoin Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin's price has decreased by 3.49% over the past 24 hours to $30,164.00, contrary to its performance over the past week where it experienced an up-trend of 2.0%. Bitcoin's trading volume has climbed 64.0% over the past week and the circulating supply of the coin has increased 0.1% to 19.43 million, which makes up an estimated 92.52% of its max supply of 21.00 million. The current market cap ranking for BTC is #1 at $586.36 billion.
July 14, 2023 | 7:00 pm
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Bitcoin's price has seen a short-term decrease of 3.49%, but has shown a weekly uptrend of 2.0%. The trading volume and circulating supply have also increased.
The news directly reports on the price movement of Bitcoin, which has seen a short-term decrease. However, the increase in trading volume and circulating supply could indicate a potential for recovery. The relevance and importance are high as the news directly pertains to Bitcoin and its price movement is critical for investors. The confidence in the analysis is high based on the data provided in the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100