Bitcoin Rises More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin (BTC) has seen a 4.39% increase in its price over the last 24 hours, reaching $47,034.00. This rise is part of a larger trend, with an 11.0% gain over the past week from $42,783.15. The coin's all-time high is $69,045.00. Trading volume has surged by 79.0% in the past week, and the circulating supply has slightly increased to over 19.62 million, representing 93.44% of its max supply of 21.00 million. Bitcoin's market cap ranks it #1 at $923.90 billion.
February 09, 2024 | 3:00 pm
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Bitcoin's price has increased by 4.39% in the last 24 hours, reaching $47,034.00, with an 11.0% gain over the past week. The trading volume has seen a significant rise of 79.0%, and the circulating supply has grown to over 19.62 million.
The positive price movement of Bitcoin, coupled with a significant increase in trading volume and a slight increase in circulating supply, indicates strong market interest and potential for further short-term gains. The overall positive trend and the coin's leading market cap position suggest continued investor confidence.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100