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 $80,217.00, representing a 0.69% increase over the past 24 hours. The cryptocurrency has gained 2.59% over the seven-day period. Bitcoin's market capitalisation has reached $1,606,483,004,378. Compared to the previous report from 8th May at 20:00, Bitcoin real time price has risen from $80,096.00 to the current $80,217.00, marking an increase of $121.00.
The RSI (14) registers 54.5. The Relative Strength Index measures the speed and magnitude of price changes on a scale from 0 to 100, with the current reading positioning Bitcoin in the neutral zone between oversold and overbought conditions.
The MACD shows a value of 682.8406, with the signal line at 849.3562 and the histogram at -166.5156. The Moving Average Convergence Divergence measures the relationship between two moving averages of a security's price, tracking momentum changes through the convergence and divergence of these averages.
Bollinger Bands (20,2) show an upper band at $82,273.56, middle band at $80,055.95, and lower band at $77,838.34, with Bitcoin's price positioned in the central zone of the channel. Bollinger Bands measure price volatility and potential support and resistance levels using standard deviations from a moving average.
Current trading volume stands at $1,604,059,800,000 against a 20-period average of $1,603,290,820,000, producing a ratio of 1.00x versus the mean. Volume measures the total amount of trading activity and market participation over a specific timeframe.
The Fear & Greed Index records 38 out of 100, placing market sentiment in the Fear zone. This index measures market emotions and sentiment by analysing various factors including volatility, market momentum, social media activity, and surveys.
The Federal Reserve 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 inflationary pressures within 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 and serves as a benchmark for overall US equity market performance.
The VIX closed at 16.99 in the previous trading session. The Volatility Index measures expected market volatility over the next 30 days based on S&P 500 options pricing, often referred to as the market's "fear gauge".
Bitcoin dominance represents 58.77% of the total cryptocurrency market capitalisation. This metric measures Bitcoin's market share relative to the entire cryptocurrency ecosystem.
The Dollar Broad Index (DTWEXBGS) closed at 118.39, showing a decline of 0.29% from the previous session. This index measures the US dollar's strength against a broad basket of major trading partner currencies.
Gold trades at $4,545.25 per ounce, whilst WTI crude oil stands at $99.89 per barrel based on previous session data. These commodities measure precious metal values and energy costs respectively, serving as traditional stores of value and economic indicators.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Positive | +0.69% 24h |
| RSI (14) | Neutral | 54.5 |
| MACD | Negative | Hist: -166.5156 |
| Bollinger Bands | Neutral | in the central zone of the channel |
| Volume | Neutral | 1.00x 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 |