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 $80,788.0000, marking a decline of 1.40% over the past 24 hours. The seven-day performance shows a decrease of 0.58%. The market capitalisation has reached $1,618,275,637,816. Bitcoin real time data indicates the cryptocurrency maintains its position as the dominant digital asset despite the recent pullback from previous levels.
The RSI (14) registers at 60.4. This indicator measures the speed and magnitude of price changes on a scale from 0 to 100, with the current reading positioning Bitcoin in the upper neutral zone, above the midpoint of 50.
The MACD shows a value of 538.2955 against a signal line of 604.8852, producing a histogram reading of -66.5896. The MACD measures the relationship between two moving averages of a security's price, with the current configuration showing the MACD line below its signal line.
Bollinger Bands display an upper band at $81,935.7581, a middle band at $80,737.2500, and a lower band at $79,538.7419. The current price trades within the central zone of this channel. Bollinger Bands measure volatility and potential support and resistance levels using standard deviations around a moving average.
Current volume reaches 1,618,275,600,000 compared to the 20-period average of 1,616,936,590,000, 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 stands at 49 out of 100, placing it in neutral territory. This index measures market sentiment by analysing various factors including volatility, market momentum, and social media activity to gauge investor emotions.
The Federal Reserve interest rate closed at 3.64% in the previous session, whilst the Consumer Price Index reached 332.407 with a monthly variation of +0.64%. These metrics measure monetary policy stance and inflation levels respectively.
The S&P 500 closed at 7,200.75 points in the previous trading 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 session. The VIX measures expected volatility in the S&P 500 over the next 30 days, often 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 share of the entire digital asset market by value.
The 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 metal values and energy costs respectively, serving as traditional stores of value and economic indicators.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Negative | -1.40% 24h |
| RSI (14) | Neutral | 60.4 |
| MACD | Negative | Hist: -66.5896 |
| Bollinger Bands | Neutral | in the central zone of the channel |
| Volume | Neutral | 1.00x avg |
| Fear & Greed Index | Neutral | 49/100 (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 |