Bitcoin Decreases More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin's price has decreased by 4.74% over the past 24 hours to $61,111.00, continuing a downward trend over the past week. Trading volume has increased by 51.0% while the circulating supply has slightly decreased. Bitcoin's market cap is currently $1.20 trillion.
June 24, 2024 | 3:01 pm
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Bitcoin's price has decreased by 4.74% over the past 24 hours to $61,111.00, continuing a downward trend over the past week. Trading volume has increased by 51.0% while the circulating supply has slightly decreased. Bitcoin's market cap is currently $1.20 trillion.
The significant price drop of 4.74% in the past 24 hours, coupled with a 6.0% decrease over the past week, indicates a bearish trend for Bitcoin. The increase in trading volume suggests heightened market activity, but the overall negative price movement is likely to impact investor sentiment negatively in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100