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$81,809.00 -2.9096
Bitcoin price
Ethereum
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$1,885.42 -2.41483
Ethereum price
BNB
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$633.08 0.5806
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Solana
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$123.38 -3.75469
Solana price
XRP
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$2.24 -5.0593
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$0.0000124 -5.1544
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$0.0000068 -5.53927
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$0.0000103 -6.80647
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dogwifhat
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$0.454437 -7.36585
dogwifhat price
Popcat
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$0.181672 -9.77586
Popcat price
Bitcoin
Bitcoin (BTC)
$81,809.00 -2.9096
Bitcoin price
Ethereum
Ethereum (ETH)
$1,885.42 -2.41483
Ethereum price
BNB
BNB (BNB)
$633.08 0.5806
BNB price
Solana
Solana (SOL)
$123.38 -3.75469
Solana price
XRP
XRP (XRP)
$2.24 -5.0593
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000124 -5.1544
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 -5.53927
Pepe price
Bonk
Bonk (BONK)
$0.0000103 -6.80647
Bonk price
dogwifhat
dogwifhat (WIF)
$0.454437 -7.36585
dogwifhat price
Popcat
Popcat (POPCAT)
$0.181672 -9.77586
Popcat price
Bitcoin
Bitcoin (BTC)
$81,809.00 -2.9096
Bitcoin price
Ethereum
Ethereum (ETH)
$1,885.42 -2.41483
Ethereum price
BNB
BNB (BNB)
$633.08 0.5806
BNB price
Solana
Solana (SOL)
$123.38 -3.75469
Solana price
XRP
XRP (XRP)
$2.24 -5.0593
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000124 -5.1544
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 -5.53927
Pepe price
Bonk
Bonk (BONK)
$0.0000103 -6.80647
Bonk price
dogwifhat
dogwifhat (WIF)
$0.454437 -7.36585
dogwifhat price
Popcat
Popcat (POPCAT)
$0.181672 -9.77586
Popcat price
Bitcoin
Bitcoin (BTC)
$81,809.00 -2.9096
Bitcoin price
Ethereum
Ethereum (ETH)
$1,885.42 -2.41483
Ethereum price
BNB
BNB (BNB)
$633.08 0.5806
BNB price
Solana
Solana (SOL)
$123.38 -3.75469
Solana price
XRP
XRP (XRP)
$2.24 -5.0593
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000124 -5.1544
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000068 -5.53927
Pepe price
Bonk
Bonk (BONK)
$0.0000103 -6.80647
Bonk price
dogwifhat
dogwifhat (WIF)
$0.454437 -7.36585
dogwifhat price
Popcat
Popcat (POPCAT)
$0.181672 -9.77586
Popcat price

Bitcoin outside exchanges hits new ATH, price still down

Yana Khlebnikova
Edited by
News
Bitcoin outside exchanges hits new ATH, price still down

The Bitcoin (BTC) price has been consolidating between $29,000 and $29,600 over the past day. The amount of BTC outside exchanges has reached a new all-time high (ATH).

According to data from Santiment, Bitcoin supply on self-custodial wallets has reached 18.39 BTC, marking a new ATH. Per the market intelligence platform, this amount has been constantly rising since December 2018 with a few declines in October 2019 and February 2021.

Bitcoin outside exchanges hits new ATH, price still down - 1
BTC price, weekly volatility and supply outside exchanges – Aug. 3 | Source: Santiment

However, Bitcoin is down by 1.3% in the past 24 hours and trading at around $29,030 when writing. The asset’s 24-hour trading volume is also down by 24%, currently at $15.5 billion, with a total market capitalization of over $564 billion.

Moreover, the one-week price volatility of Bitcoin has been consistently rising since August 1, suggesting a spike in short-term traders. Per Santiment, on a seven-day average, BTC’s price volatility rose from 0.0034 on August 1 to 0.0062 at the time of writing.

According to a report on August 2, the flagship cryptocurrency briefly touched the $30,000 mark as the price drop below the $29,000 mark sparked a significant rise in whale transactions — each consisting of over $1 million worth of BTC.

Furthermore, the business intelligence company MicroStrategy reportedly prepares to accumulate more Bitcoins while selling 750 million shares of its stock.