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Bitcoin's Price Swings: A Tale of All-Time Highs and Market Turbulence

Jan 17, 2024

Bitcoin's Price Swings: A Tale of All-Time Highs and Market Turbulence
Bitcoin's Price Swings: A Tale of All-Time Highs and Market Turbulence
Bitcoin's Price Swings: A Tale of All-Time Highs and Market Turbulence

As of the latest update, Bitcoin (BTC) is priced at US$42,707.02, exhibiting a 24-hour trading volume of $20.99 billion. However, it has seen a decline of -5.94% in the past day. Notably, Bitcoin is currently -12.81% below its 7-day all-time high of $48,979.00, while it's only 2.06% above its 7-day all-time low of $41,845.97. The cryptocurrency boasts a circulating supply of 19.6 million BTC, with a maximum supply capped at 21 million BTC. Bitcoin's price and market performance continue to draw attention in the dynamic world of cryptocurrency.