Bitcoin Price on August 29, 2023

2023-08-29

Market Data

Close
$27,726
Open
$26,103
High
$28,142
Low
$25,913
1-day change
+6.22%
7-day change
+6.47%
30-day change
-5.30%
1-year change
+36.57%
All-time high as of this date
$67,559
Drawdown from ATH
-58.96%
Cycle stage
Accumulation

Halving Era 4

Block reward
6.25 BTC
Days since last halving
1,205
Days until next halving
235

On-Chain

Hash rate
436.86 PH/s
Difficulty
5.562e+13
Active addresses
767,879
Transactions
500,301

Market Sentiment

Fear & Greed Index: 39 (Fear)

Major Event

  • Grayscale Wins ETF Court Ruling

    A DC Circuit Court rules that the SEC's rejection of Grayscale's GBTC ETF conversion was 'arbitrary and capricious.' The ruling effectively forces the SEC to approve spot Bitcoin ETFs and accelerates the approval timeline.

    regulation · positive