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Bitcoin (BTC) price changes and trading data analysis of the fourth week of June 2023

Bitcoin (BTC) price changes and trading data analysis of the fourth week of June 2023

Pemula
2023-09-04 | 5m

How to analyze a BTC price chart? We are publishing a weekly analysis of BTC price trends to help Bitgetters gain more insight into the crypto market and Bitcoin's price trends. Below is an analysis report of Bitcoin price changes in the fourth week of June 2023 (June 26 – July 2).

Bitcoin (BTC) trading data analysis

The analysis is based on the Bitcoin (BTC) trading data on the Bitget exchange in the fourth week of June 2023 (June 26 – July 2). The BTC average price for the week was US$30,616 (around CNY¥221,965.8), reflecting a 7.62% increase compared to the previous week. This week's BTC trading volume was about 70,074 BTC, or about US$2,145,455,658, down 20.11% from the previous week. As of July 3, 2023, 12:00 AM, the BTC price was US$30,617, up 0.5% from the previous week compared to the closing price of US$30,465 on June 25, 2023.

Global 24h trading volume of Bitcoin (BTC): 416,148 BTC, or US$12,741,214,684. Average Bitcoin market cap: US$590,700,000,000, accounting for 47.82% (of total crypto market capitalization).

As of today (July 3, 2023, 12:00 AM), the Bitcoin (BTC) in circulation is 19,422,806 BTC, and the block reward is 6.25 BTC, with 307 days left until the next Bitcoin halving.

Bitcoin (BTC) price change

Bitcoin (BTC) price changes and trading data analysis of the fourth week of June 2023 image 0

Bitcoin price chart of the week (June 26 – July 2)

Bitcoin (BTC) price

Opening price

Closing price

Highes t price

Lowest price

BTC to USD

US$30,465

US$30,617

US$31,282

US$29,507

BTC to CNY

CNY¥220,871.25

CNY¥221,973.25

CNY¥226,794.5

CNY¥213,925.75

This week's BTC opening price was US$30,465, and the closing price was US$30,617, representing an increase of 0.5%.

This week's lowest BTC price was US$29,507 on June 30, and this week's highest was US$31,282 on June 30 (1 BTC ≈ CNY¥226,794.5). The spread ratio between the lowest and highest prices was 5.94%.

  • As of July 3, 12:00 AM, Bitcoin was trading at US$30,613.5 against the USD, down 55.5% from its all-time high of US$68,789.

  • Bitcoin's all-time low was US$0.048, meaning that the current price is 637,780 times its all-time low.

  • This week's Bitcoin high of US$31,282 is US$527 below Bitcoin's 2023 high, and is up about 96.03% from its 2023 low of US$15,958.

This week's Bitcoin (BTC) price details are as follows:

(Data from the Bitget trading platform)

Date

Closing price

Opening price

Highest price

Lowest price

July 2, 2023

US$30,620.77

US$30,618

US$30,587

US$30,769

July 1, 2023

US$30,590.08

US$30,587

US$30,473

US$30,650

June 30, 2023

US$30,477.25

US$30,473

US$30,446

US$31,276

June 29, 2023

US$30,445.35

US$30,446

US$30,077

US$30,823

June 28, 2023

US$30,086.25

US$30,079

US$30,692

US$30,703

June 27, 2023

US$30,688.16

US$30,689

US$30,267

US$30,994

June 26, 2023

US$30,271.13

US$30,267

US$30,466

US$30,646



Bitcoin price analysis reports in other weeks

Bitcoin (BTC) price changes and trading data analysis of the third week of June 2023

Bitcoin (BTC) price changes and trading data analysis of the second week of June 2023

Bitcoin (BTC) price changes and trading data analysis of the first week of June 2023




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Disclaimer and risk warning: The contents of this article are provided on an "as-is" basis and are for general information and educational purposes only and do not constitute any representation or warranty. It should not be construed as investment advice, nor is it intended to recommend specific products or services. Digital asset prices can be volatile. The value of your investment can go up or down and you may not recover your investment amount. You are solely responsible for your investment decisions and Bitget Academy is not liable for any losses you may suffer.

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