Bitcoin Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin's price has fallen 3.01% in the past 24 hours to $64,731.00, despite a 1.0% gain over the past week. Trading volume has increased by 42.0% over the past week, while the circulating supply has decreased by 0.25%. Bitcoin's market cap is currently $1.28 trillion.
July 25, 2024 | 3:02 pm
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NEGATIVE IMPACT
Bitcoin's price has dropped 3.01% in the past 24 hours to $64,731.00, despite a positive trend over the past week. Increased trading volume and decreased circulating supply indicate heightened market activity.
The 3.01% drop in Bitcoin's price over the past 24 hours, despite a positive trend over the past week, suggests a short-term bearish sentiment. The increased trading volume and decreased circulating supply indicate heightened market activity, which could lead to further volatility.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100