Bitcoin Up More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin (BTC) has seen a 3.65% increase in its price over the past 24 hours, reaching $43,922.00. Over the last week, it has gained 6.0%, with the current market cap ranking at #1 and valued at $861.85 billion. The trading volume has risen by 29.0%, and the circulating supply has grown by 0.2% to over 19.58 million BTC.
December 20, 2023 | 3:01 pm
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POSITIVE IMPACT
Bitcoin's price increase of 3.65% to $43,922 and a weekly gain of 6% could attract more investors, potentially driving the price up in the short term.
The positive price movement of Bitcoin over the past 24 hours and week indicates a strong bullish trend. Increased trading volume suggests higher investor interest, which could lead to further price increases in the short term. The growth in circulating supply is modest and unlikely to dampen the positive sentiment.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100