Cryptocurrency Bitcoin Rises More Than 3% In 24 hours

Bitcoin's BTC/USD price has increased 3.47% over the past 24 hours to $50,482. Over the past week, BTC has experienced an uptick of over 2.0%, moving from $49,278.94 to its current price. As it stands right now, the coin's all-time high is $69,045.00.

The chart below compares the price movement and volatility for Bitcoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

price_chart

The trading volume for the coin has fallen 43% over the past week which is opposite, directionally, with the overall circulating supply of the coin, which has increased 0.04%. This brings the circulating supply to 18.90 million, which makes up an estimated 90% of its max supply of 21 million. According to our data, the current market cap ranking for BTC is #1 at 953.91 billion.

supply_and_vol

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