97,252.20
↑ 2901.44 (3.08%)
| ticker | 1 day return % | 1 week return % | 1 month return % | 3 months return % | 6 months return % | 1 year return % | 3 years return % | 5 years return % | 10 years return % | maximum return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Bitcoin USD | 3.1 | 6.8 | 44.4 | 59.0 | 38.7 | 172.0 | 65.8 | 1177.0 | 27621.1 | 42764.2 |
| Ethereum USD | 1.9 | 1.3 | 17.5 | 19.0 | -17.4 | 61.9 | -26.6 | 1846.9 | 104266 | 104266 |
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💡Generate AI Technical Analysis ReportA Multi-Interval Candlestick Chart displays the price movements of an asset over different time intervals. Each candlestick represents the open, high, low, and close prices for a specific interval. The chart can be used to identify trends and patterns in price movements.
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| Attribute | Value |
|---|---|
| symbol | BTCUSD |
| name | Bitcoin USD |
| price | 97252.2 |
| changes percentage | 3.07516 |
| change | 2901.44 |
| day low | 93986 |
| day high | 97931 |
| year high | 97293.63 |
| year low | 36750.13 |
| market cap | 1924160062572 |
| price avg 50 | 71435.41 |
| price avg 200 | 65034.98 |
| exchange | CRYPTO |
| volume | 78836242919.5164 |
| avg volume | 38757248494 |
| open | 94350.76 |
| previous close | 94350.76 |
| eps | None |
| pe | None |
| earnings announcement | None |
| shares outstanding | 19785260 |
| timestamp | 2024-11-21 07:19:45 |
| Information | Value |
|---|---|
| Name | Bitcoin |
| Symbol | BTC |
| Category | coin |
| Description | Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,785,278. The last known price of Bitcoin is 97,128.21427912 USD and is up 4.97 over the last 24 hours. It is currently trading on 11805 active market(s) with $89,970,914,143.68 traded over the last 24 hours. More information can be found at https://bitcoin.org/. |
| Slug | bitcoin |
| Subreddit | bitcoin |
| Notice | |
| Tag Names | Mineable, PoW, SHA-256, Store Of Value, State Channel, Coinbase Ventures Portfolio, Three Arrows Capital Portfolio, Polychain Capital Portfolio, Binance Labs Portfolio, Blockchain Capital Portfolio, BoostVC Portfolio, CMS Holdings Portfolio, DCG Portfolio, DragonFly Capital Portfolio, Electric Capital Portfolio, Fabric Ventures Portfolio, Framework Ventures Portfolio, Galaxy Digital Portfolio, Huobi Capital Portfolio, Alameda Research Portfolio, a16z Portfolio, 1Confirmation Portfolio, Winklevoss Capital Portfolio, USV Portfolio, Placeholder Ventures Portfolio, Pantera Capital Portfolio, Multicoin Capital Portfolio, Paradigm Portfolio, Bitcoin Ecosystem, FTX Bankruptcy Estate |
| Platform | None |
| Date Added | 2010-07-13T00:00:00.000Z |
| Twitter Username | |
| Date Launched | 2010-07-13T00:00:00.000Z |
| Website | https://bitcoin.org/ |
| Message Board | https://bitcointalk.org |
| Chat | |
| Explorer | https://blockchain.info/, https://live.blockcypher.com/btc/, https://blockchair.com/bitcoin, https://explorer.viabtc.com/btc, https://www.okx.com/web3/explorer/btc |
| https://reddit.com/r/bitcoin | |
| Technical Doc | https://bitcoin.org/bitcoin.pdf |
| Source Code | https://github.com/bitcoin/bitcoin |
| Announcement |
| Symbol | Name | Circulating Supply | Total Supply | Max Supply | Supply Analysis | Last Updated |
|---|---|---|---|---|---|---|
| BTC | Bitcoin | 19,785,303 | 19,785,303 | 21,000,000 |
|
2024-11-21 07:18:00 |
Purpose: Bitcoin was created as a decentralized digital currency to enable peer-to-peer transactions without relying on a central authority like a bank or government. It aims to provide a secure, transparent, and immutable ledger of transactions.
Technology: Bitcoin operates on a blockchain, a distributed ledger technology that records all transactions across a network of computers. The Bitcoin network uses a Proof-of-Work (PoW) consensus mechanism, where miners solve complex cryptographic puzzles to validate transactions and secure the network.
Creator: Bitcoin was created by an anonymous person or group known as Satoshi Nakamoto, who published the Bitcoin whitepaper in 2008 and mined the first block in 2009. Nakamoto's identity remains unknown, adding to Bitcoin's decentralized nature.
Community: The Bitcoin project is maintained by a decentralized community of developers. Key figures include early developers like Hal Finney and ongoing contributors from the Bitcoin Core development team.
Adoption: Bitcoin is widely adopted as a store of value and medium of exchange. It is accepted by various merchants, payment processors, and can be used for remittances.
Use Cases: Bitcoin is often referred to as "digital gold" due to its use as a hedge against inflation and economic uncertainty. It is also used in remittances, micropayments, and as a speculative investment.
Total Supply: The total supply of Bitcoin is capped at 21 million BTC, ensuring scarcity.
Halving: Bitcoin undergoes a halving event approximately every four years, reducing the block reward for miners by half. This event impacts supply dynamics and often influences market price.
Milestones: Key milestones include the launch in 2009, the first Bitcoin transaction in 2010, the adoption by merchants, the SegWit upgrade in 2017, and the introduction of the Lightning Network for faster, off-chain transactions.
Future Plans: Ongoing developments focus on scalability, security, and privacy enhancements. Key initiatives include further adoption of the Lightning Network and potential improvements to transaction throughput and fees.
Active Addresses: The number of active addresses fluctuates with market activity, indicating user engagement and transaction volume.
Transaction Volume: High transaction volumes demonstrate active usage and liquidity in the network.
Hash Rate: The Bitcoin network's hash rate reflects the computational power securing the network, with higher hash rates indicating a more secure network.
Comparison: Bitcoin's primary competitors include other store-of-value cryptocurrencies like Ethereum (ETH) and gold-backed stablecoins.
Unique Selling Points: Bitcoin's first-mover advantage, robust security, decentralization, and widespread recognition distinguish it from competitors.
Legal Status: Bitcoin's legal status varies by country. In the US, it is classified as a commodity by the CFTC and subject to taxation by the IRS. Some countries, like El Salvador, have adopted it as legal tender, while others impose restrictions or bans.
Regulatory Risks: Potential regulatory risks include changes in taxation policies, restrictions on usage, and increased scrutiny from financial authorities.
Venture Capital: Bitcoin itself is not a company and does not receive venture capital. However, many Bitcoin-related companies (e.g., exchanges, mining firms) receive significant VC funding.
Treasury: Bitcoin does not have a central treasury. Miners and developers are funded through mining rewards and community donations.
Social Media Presence: Bitcoin has a strong presence on social media platforms like Twitter, Reddit, and forums like Bitcointalk, indicating robust community engagement.
Developer Activity: High developer activity on GitHub reflects ongoing improvements and maintenance of the Bitcoin protocol.
Decentralization: Bitcoin's governance is decentralized, with decisions made through consensus among miners, developers, and node operators.
Decision-Making: Proposals for protocol changes are discussed in forums and implemented through Bitcoin Improvement Proposals (BIPs), which are reviewed and accepted by the community.
Security Practices: Bitcoin employs strong cryptographic algorithms (SHA-256) and has a robust security infrastructure with widespread scrutiny.
Audits: The Bitcoin codebase is open-source and subject to continuous review and audits by the global developer community.
Media Coverage: Bitcoin receives extensive media coverage, influencing market sentiment. Positive news can drive price increases, while regulatory concerns can lead to volatility.
Community Discussions: Sentiment in community forums and social media can provide insights into market expectations and trends.
The chart visualizes Bitcoin GitHub repository's activity, providing crypto investors with key insights into its development and community engagement. It features three subplots: commit activity, showing the number of weekly commits to indicate development intensity; contributor activity, highlighting the number of commits by each contributor to reveal team engagement; and issue activity, differentiating between open and closed issues over time to assess the project's responsiveness to bug reports and feature requests. This comprehensive visualization helps investors make informed decisions by illustrating the project's development dynamics, team involvement, and issue resolution efficiency.
Analysis: This section provides a summary of the overall correlation between Bitcoin (BTC), Ethereum (ETH), and S&P 500. It highlights the general relationship between these assets. A correlation of 1 indicates perfect positive correlation, -1 indicates perfect negative correlation, and 0 indicates no correlation.
Rolling Analysis: The rolling analysis provides a more detailed view, showing how the correlation between these assets changes over time. The 30-day rolling correlation is calculated to observe trends and patterns.
• Bitcoin-Ethereum Overall: High positive correlation. The assets move in the same direction.
• Bitcoin-S&P500 Overall: No significant correlation. The assets do not move together in any meaningful way.
• Ethereum-S&P500 Overall: No significant correlation. The assets do not move together in any meaningful way.
• Bitcoin-Ethereum Rolling: Mean: 0.79,
Std Dev: 0.11,
Max: 0.96,
Min: 0.04
Summary: High average positive correlation over the period.
• Bitcoin-S&P500 Rolling: Mean: -0.01,
Std Dev: 0.04,
Max: 0.15,
Min: -0.19
Summary: No significant average correlation over the period.
• Ethereum-S&P500 Rolling: Mean: -0.01,
Std Dev: 0.04,
Max: 0.09,
Min: -0.16
Summary: No significant average correlation over the period.
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💡Generate AI Technical Analysis ReportUnderstand the chart below:
Interpret Technical Indicators
| Indicator | Bullish | Bearish |
|---|---|---|
| Price and EMA ⓘ | Price crosses above EMA | Price crosses below EMA |
| Short-Term vs Long-Term EMA ⓘ | Short EMA crosses above Long EMA | Short EMA crosses below Long EMA |
| Volume ⓘ | Increasing volume during price uptrend | Increasing volume during price downtrend |
| MACD ⓘ | MACD crosses above Signal Line | MACD crosses below Signal Line |
| RSI ⓘ | RSI is below 30 (oversold) and starts to rise above 30 | RSI is above 70 (overbought) and starts to decline below 70 |
| Candlestick Patterns ⓘ | Bullish candlestick patterns | Bearish candlestick patterns |
Interested in the overall sentiment for a particular period? Check out our news sentiment analysis tool.
Sentiment: Negative
Publish Date: 2024-11-21T07:05:03.000Z
Bitcoin has been consistently hitting new all-time highs over the past two weeks. Bitcoin (BTC) is up 5.8% in the past 24 hours and is trading at an ATH of $97,750 at the time of writing.
Sentiment: Positive
Publish Date: 2024-11-21T07:03:54.000Z
Spot Bitcoin exchange-traded funds in the United States recorded their third consecutive day of inflows on Nov. 20, with $773.47 million entering the funds as Bitcoin reached a new all-time high of over $97K.
Sentiment: Neutral
Publish Date: 2024-11-21T07:00:10.000Z
Bitcoin's scarcity sparks urgency among nations for adoption.
Sentiment: Positive
Publish Date: 2024-11-21T06:51:03.000Z
Bitcoin has just hit a record-breaking all-time high (ATH) of $97,858, with its market cap surging to $1.91 trillion a 4.74% increase in just hours! Meanwhile, trading volume has also spiked by 17.88%, reaching $88.38 billion in the last 24 hours.
Sentiment: Positive
Publish Date: 2024-11-21T06:50:22.000Z
BTC futures expiring in March, June and September 2025 trade at prices greater than $100,000, according to data source Deribit.
Sentiment: Positive
Publish Date: 2024-11-21T06:49:26.000Z
The crypto market has been creating with optimism hitting new peaks each day. As a result, the market cap of the industry has surged 3.98% in the last 24 hours to $3.19 trillion. The trade volumes also registered a notable spike of 7.19%, with $193.79 billion moved.
Sentiment: Positive
Publish Date: 2024-11-21T06:31:29.000Z
Bitcoin's unstoppable rally has the market buzzing. On November 21, BTC shot up to $97,765, an eye-popping 45% gain in just 16 days. It's now hovering at $97,154, but all eyes are locked on one thing: the $100K milestone.
Sentiment: Neutral
Publish Date: 2024-11-21T06:30:32.000Z
The recent rise in the price of bitcoin due to geopolitical issues is prompting nations to consider introducing BTC as part of their reserves. In this context, countries like El Salvador, which is already purchasing bitcoin, might consider issuing debt to fund larger purchases.
Sentiment: Negative
Publish Date: 2024-11-21T06:28:11.000Z
The cryptocurrency market has been experiencing dramatic ups and downs in recent weeks, with Bitcoin, the leading digital currency, at the center of it all. After reaching an all-time high (ATH) of nearly $94,000, Bitcoin's price has taken a step back, falling to around $93,000.
Sentiment: Positive
Publish Date: 2024-11-21T06:04:39.000Z
Traders are adding leverage on top of an already leveraged MSTR ETF, signaling heightened risk appetite and a build up of speculative excesses.
Sentiment: Positive
Publish Date: 2024-11-21T06:01:21.000Z
Bitcoin is currently trading above the $97,000 levels and the price is up by more than four percent in the last 24 hours. The largest cryptocurrency has recently hit a significant bullish price target and is now breaking into new all-time highs.
Sentiment: Positive
Publish Date: 2024-11-21T06:00:10.000Z
Ethereum performance trails Bitcoin's surge, but analysts suggest potential for significant upside based on key metrics.
Sentiment: Negative
Publish Date: 2024-11-21T05:53:47.000Z
Bitcoin, the leading cryptocurrency by market cap, recently hit a new record high of $97,836, according to CoinGecko data.
Sentiment: Negative
Publish Date: 2024-11-21T05:37:16.000Z
Despite the market-wide rally, ether has underperformed, facing challenges in positioning itself between Bitcoin and Solana, analysts said.
Sentiment: Negative
Publish Date: 2024-11-21T05:32:02.000Z
A look at the day ahead in European and global markets from Ankur Banerjee
Sentiment: Positive
Publish Date: 2024-11-21T05:30:39.000Z
Mike Novogratz, the founder and CEO of Galaxy Digital Holdings—a leading crypto investment firm listed on the Toronto Stock Exchange—has signaled a significant shift in the global adoption of Bitcoin. In a post on Tuesday via X, Novogratz declared that countries are already purchasing Bitcoin.
Sentiment: Neutral
Publish Date: 2024-11-21T05:30:30.000Z
Are we witnessing the dawn of a new era?
Sentiment: Neutral
Publish Date: 2024-11-21T05:25:45.000Z
Bitcoin, the biggest crypto, on Thursday morning breached past the much anticipated $97,000 level marking a new all-time high. BTC stood just 3% away from hitting the iconic $100K milestone.
Sentiment: Negative
Publish Date: 2024-11-21T05:15:37.000Z
A leak has revealed Trump could appoint the first ever White House "crypto czar"
Sentiment: Positive
Publish Date: 2024-11-21T05:10:28.000Z
Bitcoin prices have hit another all-time high as the asset inches closer to the milestone six-figure valuation.
* The sentiment analysis presented is generated through an algorithm and may be subject to inaccuracies. Users are advised to corroborate key information and employ further analytical methods prior to making critical decisions.
You can also explore investment opportunities through bitcoin Exchange-Traded Funds (ETFs). Bitcoin ETFs are investment funds that track the performance of bitcoin. Bitcoin ETFs provide a way for investors to gain exposure to Bitcoin without the complications of owning the actual cryptocurrency. Here are some of the advantages of investing in a Bitcoin ETF compared to investing directly in Bitcoin:
Check out our top picks for Crypto ETFs: Amplify Transformational Data Sharing ETF (BLOK), Bitwise Crypto Industry Innovators ETF (BITQ), Fidelity Crypto Industry and Digital Payments ETF (FDIG), Siren Nasdaq NexGen Economy ETF (BLCN), Global X Blockchain ETF (BKCH)
To start investing in Bitcoin, follow these steps:
Analyzing Bitcoin's price involves various methods, including technical analysis, fundamental analysis, sentiment analysis, and on-chain analysis. Here's an overview of each approach:
This involves studying historical price charts and trading volumes to identify patterns and trends that can suggest future movements.
This approach focuses on intrinsic value based on various economic indicators, including market demand, adoption rates, technology changes, and more.
The sentiment in the market can be a precursor to price movements.
This is unique to cryptocurrencies and involves analyzing blockchain data to make investment decisions.
General economic indicators can also play a role in Bitcoin's price.
Note on Predictability: Despite these analysis methods, predicting Bitcoin's price with certainty is nearly impossible. The cryptocurrency market is highly speculative and influenced by factors that are difficult to quantify. Always be prepared for the inherent unpredictability of crypto markets.
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