Bitcoin’s (CRYPTO: BTC) price has increased 4.85% over the past 24 hours to $50,301. Over the past week, BTC has experienced an uptick of over 19.0%, moving from $42,154 to its current price. As it stands right now, the coin’s all-time high is $64,805.
The chart below compares the price movement and volatility for Bitcoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
The trading volume for the coin has climbed 15.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.44%. This brings the circulating supply to 18.84 million, which makes up an estimated 89.69% of its max supply of 21.00 million. According to our data, the current market cap ranking for BTC is #1 at 947.45 billion.
Where Can You Buy Bitcoin?
If you are interested in purchasing Bitcoin or want to learn more about it, follow this link to Benzinga Money. Our Benzinga Money team has in-depth educational content that not only explains the details of the coin itself but also how and where you can purchase it.
Do you want to learn more about trading and be able to analyze your own portfolio of stocks or cryptocurrencies? Consider signing up for Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy. You can follow the link here to visit.
This post contains affiliate links from which Benzinga may earn a commission.