Bitcoin
Bitcoin (BTC)
$66,189.00 -0.67856
Bitcoin price
Ethereum
Ethereum (ETH)
$3,559.06 2.46904
Ethereum price
BNB
BNB (BNB)
$606.53 0.41737
BNB price
Solana
Solana (SOL)
$144.59 -0.88143
Solana price
XRP
XRP (XRP)
$0.4829650 1.32386
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000208 -2.15636
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000121 3.32877
Pepe price
Bonk
Bonk (BONK)
$0.0000252 0.08408
Bonk price
Bitcoin
Bitcoin (BTC)
$66,189.00 -0.67856
Bitcoin price
Ethereum
Ethereum (ETH)
$3,559.06 2.46904
Ethereum price
BNB
BNB (BNB)
$606.53 0.41737
BNB price
Solana
Solana (SOL)
$144.59 -0.88143
Solana price
XRP
XRP (XRP)
$0.4829650 1.32386
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000208 -2.15636
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000121 3.32877
Pepe price
Bonk
Bonk (BONK)
$0.0000252 0.08408
Bonk price
Bitcoin
Bitcoin (BTC)
$66,189.00 -0.67856
Bitcoin price
Ethereum
Ethereum (ETH)
$3,559.06 2.46904
Ethereum price
BNB
BNB (BNB)
$606.53 0.41737
BNB price
Solana
Solana (SOL)
$144.59 -0.88143
Solana price
XRP
XRP (XRP)
$0.4829650 1.32386
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000208 -2.15636
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000121 3.32877
Pepe price
Bonk
Bonk (BONK)
$0.0000252 0.08408
Bonk price
Bitcoin
Bitcoin (BTC)
$66,189.00 -0.67856
Bitcoin price
Ethereum
Ethereum (ETH)
$3,559.06 2.46904
Ethereum price
BNB
BNB (BNB)
$606.53 0.41737
BNB price
Solana
Solana (SOL)
$144.59 -0.88143
Solana price
XRP
XRP (XRP)
$0.4829650 1.32386
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000208 -2.15636
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000121 3.32877
Pepe price
Bonk
Bonk (BONK)
$0.0000252 0.08408
Bonk price
SirWin
SirWin
SirWin

Bitcoin outside exchanges hits new ATH, price still down

bitcoin-outside-exchanges-hit-new-ath-price-still-down
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.