Bitcoin
BTCWhy is bitcoin moving today?
Bitcoin is down 3.61% as of 10:09 am ET, with the sharpest part of the drop between 9:00 am and 10:00 am ET, as the Nasdaq 100 and Ether also fell.
- The Nasdaq 100 is down 3.84%, and bitcoin has traded with growth stocks as a risk asset, so today's moves fit that pattern.Nasdaq 100 →
- Ether is down 4.40%, a sign of selling across crypto rather than in bitcoin alone.Ethereum →
- CNBC reported a political shift that could weigh on crypto, a report MacroInsight has not verified.
Bitcoin is in the upper half of its 52-week range of 58,625 to 86,620, and it is down 5.65% over the past month.
Updated 10:10 am ET · Automatically generated from market data and MacroInsight reporting, then checked against our standards. How this works
Price
Key statistics Support & resistance →
- Previous close
- 80,504
- Day range
- 75,568 – 80,918
- 52-week range
- 58,625 – 86,620
- 1 week
- −0.93%
- 1 month
- −6.55%
- 3 months
- −5.43%
- Year to date
- +14.71%
- 1 year
- +14.71%
- 50-day average
- 82,143
- 200-day average
- 73,263
- Volatility (20d, ann.)
- 32%
- Typical daily move
- 3.0%
Analysis
Bitcoin is at 76,861, down 4.5% today.
It is down 6.5% over the past month, up 14.7% so far this year and up 14.7% over 12 months.
It sits in the upper half of its 52-week range of 58,625 to 86,620, 11.3% below the high.
The price is above its 200-day average (73,263) and the 50-day average (82,143) is above the 200-day, a pattern usually read as an established uptrend.
Volatility over the past 20 sessions is 32% annualised, in line with the past year.
Generated automatically from price data, updated with every page load. Descriptive only; not investment advice.About
Bitcoin is the largest cryptocurrency by market value. It trades around the clock, seven days a week.