Bitcoin Up More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin's price rose 3.12% to $30,823.00 over the past 24 hours, continuing its positive trend over the past week with a 9.0% gain. The trading volume for the coin has fallen 29.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has decreased 0.01%. The current market cap ranking for BTC is #1 at $602.20 billion.
October 23, 2023 | 3:00 pm
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POSITIVE IMPACT
Bitcoin's price rose 3.12% to $30,823.00 over the past 24 hours, continuing its positive trend over the past week with a 9.0% gain. The trading volume for the coin has fallen 29.0% over the past week.
The rise in Bitcoin's price over the past 24 hours and the past week indicates a positive short-term impact on its value. However, the decrease in trading volume could suggest a decrease in interest or liquidity, which could potentially affect the price stability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100