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 $77,325.0000, representing a decline of 0.61% over the past 24 hours. The cryptocurrency has experienced a broader retreat over the weekly timeframe, falling 3.74% across the seven-day period. Bitcoin's market capitalisation currently sits at $1,549,166,725,366. Bitcoin real time data shows the digital asset maintaining its position as the dominant cryptocurrency by market value, though recent price action reflects sustained selling pressure across both short and medium-term horizons.
The RSI (14) registers 34.6, 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 indicating oversold conditions.
The MACD line sits at -728.9511, whilst the signal line reads -698.2701, producing a histogram value of -30.6810. The Moving Average Convergence Divergence measures the relationship between two moving averages of an asset's price, tracking momentum through the interaction of these trend-following indicators.
Bitcoin's price trades within the central zone of the Bollinger Bands channel, positioned between the upper band at $81,157.6093 and the lower band at $75,621.3907, with the middle band at $78,389.5000. Bollinger Bands measure price volatility and identify potential support and resistance levels through standard deviation calculations.
The Fear & Greed Index records a reading of 28 out of 100, placing market sentiment firmly within the "Fear" zone. This index measures market emotions and sentiment through various market indicators, ranging from extreme fear (0) to extreme greed (100).
The Federal Reserve's interest rate stands at 3.64%, 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, tracking the cost of borrowing and price changes across the economy.
The Nasdaq Composite closed at 26,225.14 points, gaining 4.62%, whilst the S&P 500 finished at 7,408.50 points. These indices measure the performance of technology-heavy stocks and the broader US equity 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 over the next 30 days, often referred to as the market's "fear gauge".
Bitcoin maintains a dominance level of 58.36% of the total cryptocurrency market. This metric measures Bitcoin's market capitalisation as a percentage of the entire cryptocurrency market's combined value.
The US Dollar Broad Index (DTWEXBGS) declined 0.30% to 118.04 points. This index measures the value of the US dollar against a basket of major trading partner currencies on a trade-weighted basis.
Gold trades at $4,537.74 per ounce, whilst WTI crude oil reached $101.56 per barrel. These commodities measure store-of-value assets and energy costs respectively, serving as indicators of inflation expectations and economic activity.
| Indicator | Status | Data |
|---|---|---|
| Price trend | Negative | -0.61% 24h |
| RSI (14) | Negative | 34.6 |
| MACD | Negative | Hist: -30.6810 |
| Bollinger Bands | Neutral | in the central zone of the channel |
| Volume | Positive | 1.04x avg |
| Fear & Greed Index | Negative | 28/100 (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 |