Bitcoin Today 06/9/2023 – Not So Encouraging

It’s September 6th, 2023. Bitcoin today feels boring. There appears to be happening a rather tired tug-of-war between the bulls and bears. Still, it’s notable that the Bitcoin community still looks resilient and keeps the hope for the better.

Bitcoin Price – Boring Day, Threatening Week

Bitcoin price is currently standing at around 25,732, a rather very small pullback from yesterday. This represents a 0.04% decrease on the daily.

However, according to data on CoinMarketCap, the coin seems to be going on a bad weekly record. While the 24-hour change is negligible, the 7-day (weekly) change clocks a 6% decrease.

Bitcoin Trading Volume – Reduction

The Bitcoin today trading volume is a reduction from previous days like yesterday. Over the last 24 hours, about $10.25 billion worth of Bitcoin was traded, with a total of 398,770 coins involved. This is a significant decrease from yesterday where close to 425,000 BTC were traded.

Meanwhile, the entire crypto market posts a total trading volume of $23.24 billion, a 5.2% decrease over the last 24 hours.

Bitcoin Market Cap

Despite some pullbacks in some metrics, the Bitcoin today market cap has held above $500 billion. It’s precisely posting a figure at the $500.8 billion level. The total crypto market today is at around $1.04 Trillion.

Bitcoin Fear And Greed Index – Still Scary

Looking at the Fear & Greed Index today, it shows that a lot of people in the market are still not very confident about Bitcoin’s price upside right now. Today, the index points at 35/100. This is a notable from the scales of the previous weeks that posted upwards of 40.

Bitcoin Today Market Dominance – Stuck In Figures

With $500 billion out of the total $1.04 Trillion in the market, Bitcoin has managed to keep its market dominance above the 48% mark, recording a 48.2% precise mark today.