Crypto update: Bitcoin’s weekly review

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Bitcoin (BTC) has experienced significant growth over the past five days. Closing at $97,961.18 on January 4, 2025, the cryptocurrency saw a notable increase of 5.63%, gaining $5,220.22 from its previous week’s value. Here’s a detailed review of Bitcoin’s performance during this period:

  1. Price Movement:
    • Bitcoin has seen a 5.63% increase in its price over the past five days, climbing from its previous closing price of $98,167.57 to $97,961.18 at the latest close.
  2. Day’s Range:
    • The cryptocurrency’s price has fluctuated between a day’s range of $97,606.85 to $98,265.53, showcasing relatively stable trading with minor intraday volatility.
  3. 52-Week Range:
    • Bitcoin’s 52-week range spans from a low of $38,521.89 to a high of $108,268.45, placing the current price at a mid-high point within this range, demonstrating strong performance over the past year.
  4. Market Cap:
    • Bitcoin’s market capitalization stands at $1.939 trillion, solidifying its dominance as the leading cryptocurrency in the market.
  5. Volume:
    • The volume of Bitcoin traded in the past 24 hours is reported at $31.16 billion, showing substantial trading activity and liquidity in the market.
  6. Circulating Supply:
    • Bitcoin’s circulating supply is 19.81 million, which continues to contribute to its limited availability and growing demand among investors.

Disclaimer: The information presented in this review is for informational purposes only. It does not constitute financial advice or a recommendation for any investment.

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