Bitcoin Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin's price has increased by 3.77% in the last 24 hours, reaching $56,881.00, despite a 1.0% loss over the past week. Trading volume has surged by 38.0%, while the circulating supply decreased by 0.89%. Bitcoin remains the top cryptocurrency with a market cap of $1.12 trillion.
September 10, 2024 | 3:01 pm
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Bitcoin's price has increased by 3.77% in the last 24 hours, reaching $56,881.00, despite a 1.0% loss over the past week. Trading volume has surged by 38.0%, while the circulating supply decreased by 0.89%. Bitcoin remains the top cryptocurrency with a market cap of $1.12 trillion.
The 3.77% increase in Bitcoin's price over the last 24 hours, along with a significant rise in trading volume, suggests positive short-term momentum. Despite a weekly loss, the increased trading activity and Bitcoin's position as the top cryptocurrency by market cap indicate a likely short-term price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100