Current Price and Recent Performance:
Current Price: Approximately $103,300 - $103,600 USD (as of noon on May 15, 2025, Yemen time).
Recent Changes:
Over the past 24 hours: Slight decrease of between 0.28% and 0.55%.
Over the past 7 days: Notable increase of between 6.7% and 7.17%.
Over the past month: Strong increase exceeding 23%.
Over the past year: Significant increase of more than 64%.
All-time High: Approximately $109,114 - $109,588 USD (recorded in January 2025).
Market Capitalization: Exceeds $2.05 trillion USD, making it the number one cryptocurrency by market cap.
24-hour Trading Volume: Approximately $49 - $50 billion USD.
2. Technical Analysis:
Overall Trend: In the short term, technical analysis indicates an upward trend with an ascending price channel.
Support and Resistance Levels:
Support: Around the $93,000 USD level is considered an important short-term support level.
Resistance: There is currently no clear resistance level, indicating the possibility of continued upward movement. Breaking the $105,000 level could open the door for further gains.
Momentum Indicators: The Relative Strength Index (RSI) is above 70, indicating strong positive momentum, but it may also suggest an "overbought" condition in the short term, which could lead to a price correction.