Bitcoin BTC
⚠️ Notice: This report describes the state of the market at the time of its generation. It does not constitute financial advice or investment recommendation. Any investment decision is the sole responsibility of the reader.
Bitcoin price today stands at $79,666.0000, recording a decline of 2.29% over the past 24 hours. The cryptocurrency has gained 3.30% across the weekly timeframe. Bitcoin's market capitalisation has reached $1,595,958,837,443. Bitcoin real time trading shows the digital asset maintaining its position as the dominant cryptocurrency by market value.
The RSI (14) registers 63.0, positioning itself in neutral territory. The RSI measures the speed and magnitude of price changes on a scale from 0 to 100, helping identify momentum conditions in the market.
The MACD displays a reading of 997.6611, with the signal line at 1021.8564 and the histogram at -24.1953. The MACD measures the relationship between two moving averages of a security's price, tracking momentum changes through the convergence and divergence of these lines.
Bollinger Bands show an upper band at $83,077.1480, a middle band at $79,288.8000, and a lower band at $75,500.4520, with the current price positioned in the central zone of the channel. Bollinger Bands measure price volatility and potential support and resistance levels by plotting standard deviations around a moving average.
Current volume stands at 1,595,958,900,000 compared to the 20-period average of 1,587,898,900,000, representing a ratio of 1.01x versus the average. Volume measures the total number of shares or contracts traded during a specific period, indicating market participation levels.
The Fear & Greed Index records 38 out of 100, placing it in the fear zone. This index measures market sentiment by analysing various factors including volatility, market momentum, social media activity, and surveys to gauge investor emotions.
The Federal Reserve interest rate closed at 3.64% the previous day, whilst the Consumer Price Index reached 330.293 with a monthly variation of +0.87%. These metrics measure monetary policy stance and inflationary pressures in the US economy respectively.
The S&P 500 closed at 7,200.75 points in the previous session. This index measures the performance of 500 large-cap American companies, serving as a benchmark for US equity market performance.
The VIX closed at 16.99 in the previous trading session. The VIX measures implied volatility in the S&P 500 options market, reflecting market expectations of volatility over the next 30 days.
Bitcoin dominance stands at 58.77% of the total cryptocurrency market. This metric measures Bitcoin's market capitalisation as a percentage of the entire cryptocurrency market capitalisation.
The US Dollar Broad Index (DTWEXBGS) closed at 118.39 with a decline of 0.29% in the previous session. This index measures the value of the US dollar against a basket of major trading partner currencies.
Gold trades at $4,545.25 per ounce in real time, whilst WTI crude oil closed at $99.89 per barrel in the previous session. These commodities measure precious metals and energy sector performance respectively, serving as traditional store of value and economic activity indicators.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Neutral | -2.29% 24h |
| RSI (14) | Neutral | 63.0 |
| MACD | Negative | Hist: -24.1953 |
| Bollinger Bands | Neutral | in the central zone of the channel |
| Volume | Positive | 1.01x avg |
| Fear & Greed Index | Negative | 38/100 (Fear) |
| BTC Dominance | Positive | 58.8% |
| Nasdaq Composite | Positive | 25,068 pts |
| S&P 500 | Positive | 7,201 pts |
| VIX | Neutral | 16.99 |
| Fed Rates | Neutral | 3.64% |
| Dollar Index (DXY) | Negative | 118.39 |
| Gold | Positive | $4,545/oz |
| Oil (WTI) | Positive | $99.89/barrel |