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Bitcoin Up More Than 4% In 24 hours – Benzinga – Benzinga

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Over the past 24 hours, Bitcoin’s (CRYPTO: BTC) price has risen 4.77% to $56,964.00. This is contrary to its negative trend over the past week where it has experienced a 1.0% loss, moving from $58,267.61 to its current price. As it stands right now, the coin’s all-time high is $69,045.00.
The chart below compares the price movement and volatility for Bitcoin over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
price_chart
The trading volume for the coin has tumbled 3.0% over the past week while the circulating supply of the coin has risen 0.11%. This brings the circulating supply to 18.89 million, which makes up an estimated 89.94% of its max supply of 21.00 million. According to our data, the current market cap ranking for BTC is #1 at 1.08 trillion.
supply_and_vol
If you are interested in purchasing Bitcoin or want to learn more about it, follow this link to Benzinga Money. Our Benzinga Money team has in-depth educational content that not only explains the details of the coin itself but also how and where you can purchase it.
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EU should ban energy-intensive mode of crypto mining, regulator says – Financial Times

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Global stocks, crypto rebound ahead of today’s momentous Fed decision – Fortune

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Billionaires Dalio, Peterffy Embrace Bitcoin (BTC), Ethereum as Inflation Hedge – Bloomberg

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Brokerage founder Thomas Peterffy says its prudent to have some crypto, while Ray Dalio views it as alternative to cash.

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Thomas Peterffy took out a full-page ad in the Wall Street Journal in 2017 warning of the dangers that bitcoin futures posed to capital markets. 
These days, the Hungarian-born billionaire is well versed in cryptospeak. Peterffy, worth $25 billion, said it’s prudent to have 2% to 3% of one’s personal wealth in cryptocurrencies, just in case fiat currency goes to “hell.”

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