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 $80,710.0000, showing no change over the past 24 hours with a variation of -0.00%. The cryptocurrency has recorded a gain of 0.87% over the past seven days. Bitcoin's market capitalisation currently sits at $1,616,516,601,288. Compared to the previous report from the same time and date, Bitcoin real time price remains identical at $80,710.0000, indicating complete price stability between reporting periods.
The RSI (14) registers 42.2. The Relative Strength Index measures the speed and magnitude of price changes on a scale from 0 to 100, with this reading placing Bitcoin in the neutral zone, below the midpoint of 50.
The MACD shows a reading of 536.3780, with the signal line at 586.1644 and the histogram at -49.7864. The Moving Average Convergence Divergence measures the relationship between two moving averages of a security's price, with the histogram currently showing a negative value indicating the MACD line sits below the signal line.
Bollinger Bands display an upper band at $81,868.3417, a middle band at $80,732.6500, and a lower band at $79,596.9583, with the current price positioned in the central zone of the channel. Bollinger Bands measure volatility and potential support and resistance levels using standard deviations from a moving average.
Current trading volume stands at 1,616,516,600,000, compared to the 20-period average of 1,616,940,565,000, representing a ratio of 1.00x versus the mean. Volume measures the total number of shares or contracts traded during a specific period.
The Fear & Greed Index records 48 out of 100, placing market sentiment in the neutral zone. This index measures market emotions and sentiment by analysing various factors including volatility, market momentum, and social media trends.
The Federal Reserve interest rate stands at 3.64%, whilst the Consumer Price Index reaches 330.293 with a monthly variation of +0.87%. The Fed rate measures the cost of borrowing money in the US economy, and the CPI measures the average change in prices consumers pay for goods and services.
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 the overall US stock market.
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 prices.
Bitcoin dominance currently stands at 58.77%. This metric measures Bitcoin's market capitalisation as a percentage of the total cryptocurrency market capitalisation.
The broad dollar index (DTWEXBGS) registered 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. Gold measures store-of-value sentiment and inflation hedging demand, while oil measures energy sector performance and global economic activity.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Neutral | -0.00% 24h |
| RSI (14) | Neutral | 42.2 |
| MACD | Negative | Hist: -49.7864 |
| Bollinger Bands | Neutral | in the central zone of the channel |
| Volume | Neutral | 1.00x avg |
| Fear & Greed Index | Neutral | 48/100 (Neutral) |
| 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 |