Bitcoin Rises More Than 7% In 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin's price rose 7.26% to $37,872.00 in the past 24 hours, continuing its positive trend over the past week with a 7.0% gain. The trading volume for the coin has risen 7.0% over the past week, while the circulating supply has decreased 0.51% to 19.54 million, making up an estimated 93.04% of its max supply of 21.00 million. The current market cap ranking for BTC is #1 at $736.65 billion.
November 09, 2023 | 3:01 pm
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Bitcoin's price rose 7.26% to $37,872.00 in the past 24 hours, continuing its positive trend over the past week with a 7.0% gain. The trading volume for the coin has risen 7.0% over the past week, while the circulating supply has decreased 0.51% to 19.54 million.
The rise in Bitcoin's price and trading volume, along with the decrease in circulating supply, indicates a positive demand-supply dynamic which is likely to support the price in the short term.
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