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

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

Beginner
2023-08-31 | 5m

Bitcoin (BTC) trading data analysis

The analysis is based on the Bitcoin (BTC) price and trading data from the Bitget exchange in the second week of July 2023 (July 10 – July 16). The BTC average price for the week was US$30,198 (around CNY¥215,610.5), reflecting a 0.63% decrease compared to the previous week. This week's BTC trading volume was about 51,310 BTC, or about US$1,551,203,920, up 21.08% from the previous week.

As of July 17, 2023, 12:00 AM, the BTC price was US$30,232, up 0.23% from the previous week compared to the closing price of US$30,163 on July 10, 2023, 12:00 AM.

Global 24h trading volume of Bitcoin (BTC): 447,427 BTC, or US$13,526,600,881. Average Bitcoin market cap: US$592,700,000,000, accounting for 46.74% (of the total cryptocurrency market capitalization), down 1.34% from the previous week.

As of today (July 17, 2023, 12:00 AM), the Bitcoin (BTC) in circulation is 19,435,406 BTC, and the block reward is 6.25 BTC, with 293 days left until the next Bitcoin halving.

Bitcoin (BTC) price change

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

Price of Bitcoin for the week (July 10 – July 16)

Bitcoin (BTC) price

Opening price

Closing price

Highes t price

Lowest price

BTC to USD

US$30,163

US$30,232

US$31,809

US$29,906

BTC to CNY

CNY¥215,363.82

CNY¥215,856.48

CNY¥227,116.26

CNY¥213,528.84

This week's BTC opening price was US$30,163, and the closing price was US$30,232, representing an increase of US$69, or 0.23% from the previous week.

This week's lowest BTC price was US$29,906 on July 14, and this week's highest was US$31,809 on July 13 (1 BTC ≈ CNY¥227,116.26). The spread ratio between the lowest and highest prices was 6.36%.

  • As of July 17, 12:00 AM, Bitcoin was trading at US$30,247.6 against the USD, down 56.03% from its all-time high of US$68,789.

  • Bitcoin's all-time low was US$0.048, meaning that the current price is 630,157 times its all-time low.

  • This week's high of US$31,809 is Bitcoin's 2023 high, and is up about 99.33% 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 16, 2023

US$30,249

US$30,292

US$30,435

US$30,075

July 15, 2023

US$30,296

US$30,317

US$30,395

US$30,247

July 14, 2023

US$30,334

US$31,465

US$31,603

US$29,944

July 13, 2023

US$31,476

US$30,387

US$31,765

US$30,260

July 12, 2023

US$30,392

US$30,623

US$30,951

US$30,232

July 11, 2023

US$30,621

US$30,414

US$30,782

US$30,334

July 10, 2023

US$30,414

US$30,167

US$31,020

US$29,969



Older Bitcoin price analysis reports:

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