In the last 24 hours the price of Bitcoin (CRYPTO: BTC) recorded a rise of 4.67% to 69,814.00 dollars, in contrast with what was observed in the last week, during which the cryptocurrency fell by 2%, then rising from 71,587.34 dollars at its current price. Currently the coin’s all-time high is $73,738.00.
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The chart below compares Bitcoin’s price movement and volatility over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger bands, which measure volatility for both daily and weekly price movements; the wider the bands or the larger the gray area at any given time, the greater the volatility.
Over the past week, the cryptocurrency’s trading volume has increased by 20% compared to its circulating supply, which has fallen by 0.22%; this data brings the circulating supply to 19.71 million coins, which is estimated to correspond to 93.86% of its maximum supply, equal to 21 million coins. According to our data, BTC’s current ranking by market capitalization is #1 at $1,380.00 billion.
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