#BTCTrading Bitcoin (BTC) Trading
* Approximately $102,335 - $104,415 USD
Recent Price Changes:
* Last 24 Hours: Ranging from a slight decrease to an increase of about 0.30%.
* Last 7 Days: An increase of approximately 8.62% to 10.21%.
* Last Month: An increase of roughly 20.39% to 26.15%.
* Year-to-Date: An increase of about 10.83%.
* Last Year: An increase of approximately 63.40% to 68.36%.
Key Statistics:
* Market Cap: Approximately $2.03 Trillion - $2.08 Trillion USD.
* Circulating Supply: Around 19.86 Million BTC (approximately 95% of the max supply).
* Max Supply: 21,000,000 BTC.
* 24-Hour Trading Volume: Approximately $45.56 Billion - $63.58 Billion USD.
* All-Time High: Approximately $109,026 - $109,356 USD on January 19, 2025.
* Market Dominance: Around 62% - 64%, indicating Bitcoin's significant share of the total cryptocurrency market.
Trading Volume Trends:
* The 24-hour trading volume shows some variation across different sources, but generally indicates a substantial amount of activity.
* Compared to the previous day, the 24-hour volume might show an increase or decrease depending on the source.
* The 7-day and 30-day trading volumes are significantly higher than the 24-hour volume, suggesting consistent trading interest over the past month.
Trading Strategies:
Several strategies are employed in Bitcoin trading, catering to different risk appetites and time horizons:
* Day Trading: Opening and closing positions within the same day to profit from short-term price movements, avoiding overnight funding charges.
* Swing Trading: Capitalizing on short-term price swings in both upward and downward directions within a narrow timeframe.
* Scalping: A very short-term strategy aiming for small, frequent profits with a high win rate, requiring strict exit strategies.
Where to Trade Bitcoin:
Bitcoin can be traded on various
* Risk Management: Employing risk management strategies, such as setting stop-loss orders, is essential to protect your capital.
