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 $79,958.0000, representing a decline of 1.45% over the past 24 hours. The cryptocurrency has gained 3.39% over the seven-day period. Bitcoin's market capitalisation has reached $1,601,048,552,986. Bitcoin real time trading shows the price maintaining levels just below the $80,000 psychological threshold, with the weekly performance remaining in positive territory despite today's modest pullback.
The RSI (14) currently registers at 63.0. This indicator measures the speed and magnitude of price changes on a scale from 0 to 100, with the current reading placing Bitcoin in the upper neutral zone, above the midpoint but below overbought territory.
The MACD shows a reading of 997.6611 against a signal line of 1021.8564, producing a histogram value of -24.1953. This indicator measures the relationship between two moving averages of a security's price, with the current negative histogram indicating the MACD line sits below its signal line.
Bitcoin's price trades within the central zone of the Bollinger Bands, with the upper band at $83,077.1480, the middle band at $79,288.8000, and the lower band at $75,500.4520. These bands measure price volatility and potential support and resistance levels based on standard deviations from a moving average.
Current trading volume stands at $1,595,958,900,000, representing a ratio of 1.01x against the 20-period average of $1,587,898,900,000. Volume measures the total value of shares traded and indicates the level of investor activity and liquidity in the market.
The Fear & Greed Index registers at 38 out of 100, placing market sentiment in the Fear zone. This composite indicator measures market emotions and sentiments through various factors including volatility, market momentum, and social media trends.
The Federal Reserve's interest rate stands at 3.64%, whilst the Consumer Price Index reached 330.293 with a monthly variation of +0.87%. These metrics measure monetary policy stance and inflation levels within the United States economy.
The S&P 500 closed at 7,200.75 points in the previous session. This index measures the stock performance of 500 large companies listed on stock exchanges in the United States and serves as a benchmark for American equity market performance.
The VIX closed at 16.99 in the previous trading session. This index measures market expectations of near-term volatility conveyed by S&P 500 stock index option prices and is commonly referred to as the market's "fear gauge".
Bitcoin dominance currently stands at 58.77% of the total cryptocurrency market capitalisation. This metric measures Bitcoin's market share relative to the entire cryptocurrency ecosystem and indicates its relative strength against alternative digital assets.
The Dollar Index (DTWEXBGS) registered 118.39 with a decline of 0.29% in the previous session. This index measures the value of the United States dollar relative to a basket of foreign currencies from major trading partners.
Gold trades at $4,545.25 per ounce, whilst WTI crude oil stands at $99.89 per barrel. These commodities serve as traditional stores of value and industrial inputs, respectively, often acting as hedges against currency debasement and economic uncertainty.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Positive | -1.45% 24h |
| RSI (14) | Neutral | 63.0 |
| MACD | Negative | Hist: -24.1953 |
| Bollinger Bands | Neutral | in the central zone of the channel |
| Volume | Neutral | 1.01x avg |
| Fear & Greed Index | Negative | 38/100 (Fear) |
| BTC Dominance | Neutral | 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 |