Bitcoin Price on June 7, 2024

2024-06-07

Market Data

Close
$69,326
Open
$70,771
High
$71,949
Low
$68,450
1-day change
-2.05%
7-day change
+2.74%
30-day change
+13.31%
1-year change
+161.51%
All-time high as of this date
$73,121
Drawdown from ATH
-5.19%
Cycle stage
Bull market

Halving Era 5

Block reward
3.125 BTC
Days since last halving
48

On-Chain

Hash rate
590.94 PH/s
Difficulty
8.372e+13
Active addresses
468,301
Transactions
263,982

Market Sentiment

Fear & Greed Index: 77 (Extreme Greed)

Major Event

  • German Government Begins BTC Sales

    The German government begins selling approximately 50,000 BTC seized from Movie2K operators. The prolonged government liquidation over several weeks contributes to summer 2024 price weakness before the sales conclude.

    regulation · negative