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 $78,357.00, showing a modest gain of 0.18% over the past 24 hours. The weekly performance presents a decline of 3.77%, indicating recent downward pressure on the digital asset. Bitcoin's market capitalisation has reached $1,569,548,604,230, maintaining its position as the dominant cryptocurrency by market value. The Bitcoin real time price reflects the current trading session's activity across global exchanges.
The RSI (14) registers 38.3, positioning Bitcoin in oversold territory. The Relative Strength Index measures the speed and magnitude of price changes on a scale from 0 to 100, with readings below 30 typically considered oversold and above 70 overbought.
The MACD shows a reading of -424.66, with the signal line at -65.68 and the histogram at -358.98. The Moving Average Convergence Divergence measures the relationship between two moving averages of a security's price, helping to identify momentum changes through the interaction of these components.
Bollinger Bands show Bitcoin trading in the lower half of the channel, with the price at $78,357.00 positioned between the middle band at $80,065.35 and the lower band at $77,557.92. The upper band sits at $82,572.78. Bollinger Bands measure volatility and potential price ranges using standard deviations around a moving average.
Current trading volume reaches $1,570,368,800,000, representing 1.03 times the 20-period average of $1,525,742,535,000. Volume measures the total amount of trading activity and liquidity in the market during a specified period.
The Fear & Greed Index records 27 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 sentiment, and surveys.
The Federal Reserve's benchmark interest rate stands at 3.64%, whilst the Consumer Price Index has reached 332.407 with a monthly variation of 0.64%. These metrics measure monetary policy stance and inflation levels respectively within the US economy.
The Nasdaq Composite closed at 26,225.14 points with a gain of 4.62%, whilst the S&P 500 finished at 7,408.50 points. These indices measure the performance of technology-focused companies and the broader US stock market respectively.
The VIX volatility index registered 17.26 points at the previous session's close. The VIX measures expected volatility in the S&P 500 index over the next 30 days, often referred to as the "fear gauge" of equity markets.
Bitcoin dominance accounts for 58.36% of the total cryptocurrency market capitalisation. This metric measures Bitcoin's relative size compared to the entire digital asset ecosystem.
The US Dollar Index (DTWEXBGS) shows 118.04 points with a decline of 0.30% from the previous session. This index measures the US dollar's strength against a basket of major trading partner currencies.
Gold trades at $4,537.74 per ounce in real-time markets, whilst WTI crude oil closed the previous session at $101.56 per barrel. These commodities measure precious metal values and energy costs respectively, serving as traditional stores of value and economic indicators.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Neutral | +0.18% 24h |
| RSI (14) | Negative | 38.3 |
| MACD | Negative | Hist: -358.9799 |
| Bollinger Bands | Negative | in the lower half of the channel |
| Volume | Positive | 1.03x avg |
| Fear & Greed Index | Negative | 27/100 (Fear) |
| BTC Dominance | Neutral | 58.4% |
| Nasdaq Composite | Positive | 26,225 pts |
| S&P 500 | Positive | 7,408 pts |
| VIX | Neutral | 17.26 |
| Fed Rates | Neutral | 3.64% |
| Dollar Index (DXY) | Negative | 118.04 |
| Gold | Positive | $4,538/oz |
| Oil (WTI) | Neutral | $101.56/barrel |