The 24 hour volume for $BTC/USDT on Binance is $613,814,325. This volume weight is heavy when compared with Binance daily trading levels for $BTC over the last month.
The total 24 hour volume for all reporting $BTC markets is $7,357,199,075.
Remarks
Yesterday Bitcoin spiked to $7680 gaining $375 over twenty-four hours. The market has since seen a partial sell off. Bitcoin is up 6.17% in 24 hours, up 0.86% on the week and up 3.30% on the month on a last price of $6730.23. The Bitcoin marketcap is $116,596,355,333 with a circulating supply of 17,324,275 $BTC. $BTC/USDT is trading between a 24hr high of $7680.00 and a 24hr low of $6348.91 on a 24hr Binance volume of $613,814,325. This trading volume is heavy. The weekly price trend is mixed.
Yesterday saw an unusual spike to the quarter’s highest price to date: $7680. The increase comes with the heaviest volume seen in months.
The industry volume reached $7.3 billion USD over twenty-four hours.
The default Binance MACD on the four hour chart is sitting at 46.85 and showing considerable upwards buy pressure, on a sinking price.
The four hour Relative Strength Index (RSI) is at 61.31 showing an oversold state.
There was a $1000 premium for bitcoin on Binance as well as on Bitfinex:
Bitfinex is now trading BTC <> USDT at nearly a $1000 premium. This doesn’t feel right? pic.twitter.com/5qQcEr3dMU
— Jackson Palmer (@ummjackson) October 15, 2018
Tether was down 6% in 24 hours.
Most altcoins enjoyed the ride up and many were in the green today, as bitcoin remained higher on the day.
Browse Bitcoin Collection
Learn about the unique characteristics of $BTC. Browse our collection of Bitcoin Market Reports.
24 Hours of Bitcoin
24 Hours of #Bitcoin
4.67% price $6,581.98
vol $7,364,047,043
mktcap $114,028,557,671
17.32M #XBT 02:43
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php
Data sources
Main Data Source
Binance is the main data source for this report. The One Day Candles chart, highlight chart, and digital asset numeric trading data are from Binance.
Secondary
CoinMarketCap is the secondary data source for this report. The One Year Chart, cryptocurrency rank, token circulating supply, and daily market share are sourced from CoinMarketCap.com.
Tertiary
XBTLivePriceTM and 24 Hours of Bitcoin are fine data products from KittyBitcoin.com
Other sources are credited where used.
Market capitalization
Market capitalization is the total $US dollar value of the Bitcoin market calculated using the formula:
market cap = ( circulating supply x last price )
Market cap | $ 116,596,355,333 |
Circulating supply | 17,324,275 |
Last price | $ 6730.23 |
Daily High Low
daily high | 7680.00 USDT |
---|---|
daily low | 6348.91 USDT |
Trend
The weekly trend is mixed.
Trend is “mixed” when the week contains both green and red daily price candles, price movement up or down is significant, and there is no clear weekly price direction.
Resistance
Resistance is the highest price within the period:
period | resistance |
---|---|
day | 7680.00 USDT |
week | 7680.00 USDT |
Support
Support is the lowest price within the period:
period | support |
---|---|
day | 6348.91 USDT |
week | 6205.00 USDT |
Market sentiment
$BTC market sentiment is neutral.
Image courtesy Pixabay.com
Summary
Yesterday Bitcoin spiked to $7680 gaining $375 over twenty-four hours. The market has since seen a partial sell off. Bitcoin is up 6.17% in 24 hours, up 0.86% on the week and up 3.30% on the month on a last price of $6730.23. The Bitcoin marketcap is $116,596,355,333 with a circulating supply of 17,324,275 $BTC. $BTC/USDT saw weekly resistance at 7680.00 USDT and weekly support at 6205.00 USDT. Market sentiment is neutral. The weekly price trend is mixed in daily heavy volume trading.
Bitcoin & Ethereum
Ether
Bitcoin
Printed
KittyBitcoin’s Market Reports bring you timely and detailed cryptocurrency market information. Covering many of the top 100 coins, the impartial and hyperlinked format enables you to quickly synthesize accurate trading data gleaned from top cryptocurrency exchanges. Over time the market reports also comprise an invaluable archival collection.
Report Generated
This report was generated on Tuesday October 16 2018 01:09 hours UTC.
Author & Publisher
This report was authored by KittyBitcoin and originally published on BlockDesk: http://kittybitcoin.com/blockdesk/. Contact KittyBitcoin to license or request reports. Share your thoughts with @KittyBitcoin on Twitter.
Reprint Prohibited
Reprinting without written permission is expressly prohibited, theft of intellectual property, and copyright violation.
Copyright
KittyBitcoin media is licensed not sold. Copyright©KittyBitcoin.com 2018. All rights reserved.
Thanks for reading! ?