Bitcoin Rises More Than 5% In 24 hours
Portfolio Pulse from Benzinga Insights
Bitcoin's price has risen by 5.83% in the last 24 hours, reaching $62,903.00. The trading volume increased by 8.0% over the past week, while the circulating supply decreased slightly. Bitcoin remains the top cryptocurrency by market cap at $1.24 trillion.
October 11, 2024 | 7:00 pm
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Bitcoin's price has increased by 5.83% in the last 24 hours, with a trading volume rise of 8% over the past week. The circulating supply has slightly decreased, maintaining Bitcoin's position as the top cryptocurrency by market cap.
The significant price increase of 5.83% in 24 hours, along with an 8% rise in trading volume, indicates strong market interest and positive sentiment towards Bitcoin. The slight decrease in circulating supply could also contribute to upward price pressure. These factors suggest a likely short-term positive impact on Bitcoin's price.
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