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 $77,802.00, recording a 0.78% increase over the past 24 hours. The cryptocurrency has declined 2.49% across the seven-day period. Bitcoin's market capitalisation has reached $1,557,241,523,095. The current Bitcoin real time pricing matches exactly the previous report's figure of $77,802.00, indicating no movement between reporting periods.
The RSI (14) registers 26.4. 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 territory.
The MACD shows -732.76, with the signal line at -607.30 and the histogram at -125.46. The Moving Average Convergence Divergence measures the relationship between two moving averages of a security's price, tracking momentum changes through the interaction of these exponential moving averages.
Bitcoin's price sits within the central zone of the Bollinger Bands channel, positioned between the upper band at $81,764.88, the middle band at $78,724.25, and the lower band at $75,683.62. Bollinger Bands measure price volatility and potential support and resistance levels using standard deviations from a moving average.
Current trading volume reaches 1,557,241,500,000, representing a 1.04x ratio compared to the 20-period average of 1,498,999,725,000. Volume measures the total amount of cryptocurrency traded within a specific timeframe, indicating market participation levels.
The Fear & Greed Index stands at 29 out of 100, placing it within the "Fear" zone. This index measures market sentiment by analysing various factors including volatility, momentum, social media activity, and market surveys to gauge investor emotions.
The Federal Reserve's interest rate sits at 3.64%, whilst the Consumer Price Index has reached 332.407 with a monthly variation of +0.64%. Interest rates measure the cost of borrowing money, and the CPI tracks changes in prices paid by consumers for goods and services.
The Nasdaq Composite closed at 26,225.14 points with a 4.62% gain, and the S&P 500 finished at 7,408.50 points. These indices measure the performance of technology-focused companies and large-cap US equities respectively.
The VIX closed at 17.26 points. The Volatility Index measures expected market volatility over the next 30 days based on S&P 500 options pricing.
Bitcoin dominance accounts for 58.36% of the total cryptocurrency market. This metric measures Bitcoin's market capitalisation as a percentage of the entire crypto market's combined value.
The Dollar Index (DTWEXBGS) closed at 118.04, down 0.30%. This index measures the US dollar's strength against a basket of major trading partner currencies.
Gold trades at $4,537.74 per ounce, whilst WTI crude oil stands at $101.56 per barrel. These commodities measure precious metal store-of-value sentiment and global energy costs respectively.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Positive | +0.78% 24h |
| RSI (14) | Negative | 26.4 |
| MACD | Negative | Hist: -125.4578 |
| Bollinger Bands | Neutral | in the central zone of the channel |
| Volume | Positive | 1.04x avg |
| Fear & Greed Index | Negative | 29/100 (Fear) |
| BTC Dominance | Positive | 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) | Positive | $101.56/barrel |