Bitcoin (BTC) Price Update – May 20, 2024
Today, May 20, 2024, the price of Bitcoin (BTC) is at $68,688.34 USD. In the last week, Bitcoin has seen significant volatility, with a price low of $61,569 and a high of $68,688. Notable daily moves include a 7.6% increase on Thursday, May 16, when the price rose $4,651.41 in 24 hours.
Weekly summary:
May 20 (today): $68,688 (+3.1%)
May 19: $66,913 (-0.2%)
May 18: $67,053 (+2.7%)
May 17: $65,261 (-1.4%)
May 16: $66,221 (+7.6%)
May 15: $61,569 (-2.1%)
May 14: $62,879 (+2.2%) (CoinGecko).
The price of Bitcoin has shown an upward trend of 5.3% in the last month, outperforming the performance of the broader crypto market, which rose 4% in the same period.
This data reflects the continued volatility of the cryptocurrency market, influenced by factors such as market sentiment, economic news, and regulatory developments. Bitcoin remains the leading cryptocurrency by market capitalization, consolidating its position despite daily fluctuations.
