Bitcoin Price on August 5, 2024

2024-08-05

Market Data

Close
$54,014
Open
$58,137
High
$58,280
Low
$49,577
1-day change
-7.10%
7-day change
-19.12%
30-day change
-7.27%
1-year change
+85.99%
All-time high as of this date
$73,121
Drawdown from ATH
-26.13%
Cycle stage
Distribution

Halving Era 5

Block reward
3.125 BTC
Days since last halving
107

On-Chain

Hash rate
703.10 PH/s
Difficulty
9.067e+13
Active addresses
572,484
Transactions
548,857

Market Sentiment

Fear & Greed Index: 26 (Fear)

Major Event

  • August 2024 Global Market Crash

    Global markets sell off sharply on Japanese yen carry trade unwind and recession fears. Bitcoin drops from $64,000 to $49,000 in two days. The crash is one of the sharpest single-session drawdowns since COVID.

    macro · negative