Considering X, one analyst thinks BTC will fly to as high as $300,000 by 2025 based on the “power law” theory. This prediction is almost 5X from spot rates, an overly optimistic prediction.
The market is expected to see a low price of $30,225, with a potential move to the $51,438 level in 2024. In 2025, the low is expected to be $39,512, with a high of $62,723. The average price in 2024 is roughly $40,000.
Bitcoin's price today is US$64,347.80, with a 24-hour trading volume of $24.19 B. $BTC is -2.13% in the last 24 hours. It is currently -4.34% from its 7-day all-time high of $67,266.11, and 1.48% from its 7-day all-time low of $63,411.06. BTC has a circulating supply of 19.72 M BTC and a max supply of 21 M $BTC
Price of $BAKE todayThe live price of BakeryToken is $ 0.39569 per (BAKE / USD) with a current market cap of $ 114.66M USD. 24-hour trading volume is $ 47.89M USD. BAKE to USD price is updated in real-time. BakeryToken is -1.27% in the last 24 hours with a circulating supply of 289.77M.
ReportBitcoin Statistics $BTC Market Cap is at a current level of 1.269T, down from 1.270T yesterday and up from 585.17B one year ago. This is a change of -0.06% from yesterday and 116.9% from one year ago. Stats Last Value1.269TLatest PeriodJun 22 2024Last UpdatedJun 22 2024, 23:33 EDTNext ReleaseJun 23 2024, 23:30 EDT (E)Average Growth Rate149.9% Value from Yesterday1.270TChange from Yesterday-0.06%Value from 1 Year Ago585.17BChange from 1 Year Ago116.9
Fantastic news for the wider crypto industry this week as we saw the SEC back off their investigation into Ethereum 2.0, conceding that $ETH is a commodity and not a security. This news gave temporary relief to the market before we saw further weakness last night. Watching the Bitcoin ETF Flow Table this week reveals mostly outflows across the board. Biggest dippers chart again this week, of interest to some might be the assets that don’t appear on the list this week.
The live price of SATS is $0.0002033 per (1000SATS / USD) today with a current market cap of $426.96M USD. The 24-hour trading volume is $68.31M USD. 1000SATS to USD price is updated in real time. SATS is +18.92% in the last 24 hours. It has a circulating supply of 2,100,000,000,000 . Going up now.
This Is Why Altcoin Investors Struggle Despite $BTC , $ETH Sitting Near Yearly Highs
Constantly diluting supply with token unlocks, selling pressure from venture funds, lack of fresh inflows to crypto and seasonal trends all contributed to the brutal drawdown in altcoin prices.
Bitcoin Slumps Under $64K Amid Historic ‘Negative’ Sentiment
Lame price action has apparently caused crowd sentiment to be in negative territory for four straight weeks, a sign that may spell relief for bulls in the near term.
Bitcoin's (BTC) slow bleed lower over the past weeks has sped up Friday, the price dipping more than 3% in the past 24 hours to slide to about a five-week low of $63,700, now lower by 9% over the past month.
Contrarian bulls, however, might take comfort as indicators tracked by analysis firm Santiment show that crowd sentiment for BTC is now in its fourth week of “extreme negative” reading.
The crowd is mainly fearful or disinterested toward Bitcoin as prices range between $65K to $66K. This extended level of FUD is rare, as traders continue to capitulate. BTC trader fatigue, combined with whale accumulation, generally leads to bounces that reward the patient.
Bitcoin Options Market Isn't Buying BTC Price Weakness, Shows Bias for $100K CallsDemand for BTC calls at $100K suggests traders preparing for a renewed rally into 2025, according to one trading firm.