These 5 Charts Explain the Recent Bitcoin Price Drop

As Bitcoin BTC BTC - $63007.130 struggles to reclaim the $60,000 psychological level, the on-chain data provider CryptoQuant has highlighted five key charts that illustrate the recent price drop.

Source: beincrypto.com

Related symbols: BTCUSD

2024-08-28 21:28:01 GMT.

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Price & Market Data

Price: $63007.130

Volume 24h: $43,767,704,886.88

Market Cap: $1,244,786,946,413.95

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,756,287. The last known price of Bitcoin is 63,126.50068882 USD and is up 4.91 over the last 24 hours. It is currently trading on 11703 active market(s) with $43,776,767,928.81 traded over the last 24 hours. More information can be found at https://bitcoin.org/.