BTC Bitcoin Current Market Status
Current Price: $109,248.00
24h Change: -336.77 (-0.307%)
Price Range (30 days): $98,200.00 - $110,528.63
Year-to-Date Performance: +15.494%
Annual Growth: +79.301%
Last Updated: 07/04/2025 10:50 UTC
As the pioneering cryptocurrency, Bitcoin (BTC) operates on decentralized blockchain technology, enabling secure peer-to-peer transactions without intermediaries. Its price volatility reflects evolving market adoption and macroeconomic factors.
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Technical Analysis Indicators
Moving Averages (SMA)
| Period | Value | Relation to Current Price |
|---|---|---|
| 10-day | 115,196.93 | Above |
| 20-day | 109,878.97 | Above |
| 50-day | 107,761.51 | Below |
| 100-day | 98,682.95 | Below |
| 250-day | 94,540.31 | Below |
Relative Strength Index (RSI)
| Period | Value | Signal |
|---|---|---|
| 9-day | 62.98 | Bullish (above 5 SMA) |
| 5 SMA | 57.65 |
MACD Momentum
| Metric | Value |
|---|---|
| MACD(12,26) | 837.67 |
| 9 EMA | 515.21 |
| Histogram Difference | 322.47 |
Cryptocurrency Regulation FAQs
Is cryptocurrency trading legal in Hong Kong?
Yes. Cryptocurrencies are classified as virtual commodities rather than legal tender. Trading platforms must obtain licenses from Hong Kong's Securities and Futures Commission (SFC) to operate legally. Always verify a platform's regulatory status before trading.
How secure are digital wallets?
Digital wallets utilize 12-word seed phrases for account recovery. This cryptographic security measure:
- Prevents unauthorized access
- Requires exact word sequence for authentication
- Enhances protection against hacking attempts
👉 Explore secure trading platforms
Key Market Trends
Recent Economic Data Impacting Crypto Markets
| Event | Result | Market Impact |
|---|---|---|
| June Inflation | 4.10% | Below expectations |
| Q1 GDP | -0.50% | Negative surprise |
| Fed Interest Rate | 4.50% | Neutral |
Note: Dates removed per editorial guidelines
Essential Resources
- Cryptocurrency ETFs: Investment vehicles tracking crypto indexes
- Market News: Regular updates on blockchain developments
Core Keywords Identified
- Bitcoin price
- Cryptocurrency regulation
- Technical analysis
- Digital wallet security
- Hong Kong crypto market
- Blockchain technology
- Market volatility
- Trading platforms