Bitcoin Price update: November 1, 2024

As of November 1, 2024, the latest Bitcoin (BTC) price has been making waves in the cryptocurrency market. In this article, we will delve into the current Bitcoin price, its 24-hour high and low, historical data, trading volume, market capitalization, and more.
Current Bitcoin Price

The latest Bitcoin price stands at $69,436.00. This figure reflects the current market value of one Bitcoin. It's important to note that cryptocurrency prices can be highly volatile, and this figure is subject to change at any given moment.
24-Hour High and Low

In the past 24 hours, Bitcoin has seen a significant range of prices. The highest price recorded during this period was $72,696.00, while the lowest price was $68,829.90. This indicates a 24-hour price range of $3,866.10, showcasing the volatility that is characteristic of the cryptocurrency market.
Historical Data

Looking back at Bitcoin's history, the highest price ever recorded was $73,750.07, while the lowest price was a mere $0.04865. This demonstrates the incredible growth and potential of Bitcoin over the years, as well as the risks associated with investing in such a volatile asset.
24-Hour Trading Volume

The trading volume for Bitcoin in the past 24 hours was a substantial $657,968.42. This figure represents the total amount of Bitcoin that has been traded during this period, providing insight into the level of activity in the market.
Market Capitalization

With a current market capitalization of $1,368,418,021,800.60, Bitcoin remains one of the largest and most influential cryptocurrencies in the world. This figure is calculated by multiplying the current price of Bitcoin by its total supply, which is capped at 21 million coins.
24-Hour Price Change

The 24-hour price change for Bitcoin was 5.62%. This indicates that the price of Bitcoin has experienced a moderate increase over the past day, although it's important to keep in mind that this figure can fluctuate significantly in a short period of time.
circulating Supply and Circulation Rate

As of November 1, 2024, the circulating supply of Bitcoin is 19,776,156.00 coins. This represents the total number of Bitcoin coins that are currently in circulation and available for trading. The circulation rate, which is the percentage of the total supply that is in circulation, stands at 94.17%. This means that a significant portion of the total supply is actively being traded in the market.
Yesterday's Open and Close Prices

The opening price for Bitcoin on November 1, 2024, was $72,060.20, while the closing price was $70,628.00. This indicates that the market experienced a downward trend during the trading day, although the overall trend remains positive in the long term.
Conclusion

In conclusion, the latest Bitcoin price as of November 1, 2024, is $69,436.00, with a 24-hour high of $72,696.00 and a 24-hour low of $68,829.90. The trading volume in the past 24 hours was $657,968.42, and the market capitalization stands at $1,368,418,021,800.60. As always, it's important to stay informed about the latest developments in the cryptocurrency market and to exercise caution when investing in Bitcoin or any other cryptocurrency.
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