#USConsumerConfidence
Bitcoin’s current market cap is around $1.99 trillion, with a 24-hour trading volume of $19.68 billion
Some analysts predict that Bitcoin’s price could increase in the coming weeks, with a price target of around $114,000 ³. However, keep in mind that crypto price predictions are highly uncertain and can change rapidly depending on a variety of factors.
Here are some other statistics about Bitcoin today:
- Highest Price of $109,356 on January 20, 2025
- #Lowest Price of $2 on October 20, 2011
- Total Supply of 19.81 million BTC
- Maximum Supply of 21 million BTC
US Consumer Confidence Analysis:
Factors That Influence
1. Global Economic Conditions The war in Ukraine, inflation, and global economic uncertainty affect consumer confidence.
2. Inflation The increase in the price of goods and services affects consumer purchasing power.
3. Job Market Low unemployment rates and stable job growth affect consumer confidence.
4. Monetary Policy The increase in interest rates by the Federal Reserve affects consumer confidence.
Technical Analysis.
