Bitcoin Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin's price has decreased by 3.0% over the past 24 hours to $67,781.00, continuing a downward trend over the past week. Trading volume has tumbled 46.0% while the circulating supply has risen 0.51%.
May 28, 2024 | 7:01 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Bitcoin's price has decreased by 3.0% over the past 24 hours to $67,781.00, continuing a downward trend over the past week. Trading volume has tumbled 46.0% while the circulating supply has risen 0.51%.
The 3.0% decrease in Bitcoin's price over the past 24 hours, combined with a significant drop in trading volume and a slight increase in circulating supply, suggests a bearish sentiment in the market. This is likely to negatively impact the short-term price of BTCUSD.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100