Bitcoin Up More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin (BTC) has seen a 4.21% increase in the last 24 hours, reaching $72,243.00, continuing a positive trend with an 8.0% gain over the past week. Its trading volume has increased by 10.0%, and the circulating supply has risen by 0.69% to 19.65 million, approximately 93.58% of its max supply. Bitcoin's market cap ranks #1 at $1.42 trillion.
March 11, 2024 | 3:00 pm
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Bitcoin's price increase to $72,243 and its positive weekly trend, along with a rise in trading volume and circulating supply, indicate strong market performance.
The significant increase in Bitcoin's price, along with a rise in trading volume and circulating supply, suggests a bullish market sentiment. The positive trend over the past week and the coin reaching near its all-time high could attract more investors, potentially driving the price even higher in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100