Bitcoin (BTC) price changes and trading data analysis of the second week of June 2023
We are publishing a weekly analysis of BTC price trends to help Bitgetters gain more insight into the crypto market and Bitcoin's price trends. Below is an analysis report of Bitcoin price changes in the second week of June 2023 (June 12 – June 18).
Bitcoin (BTC) trading data analysis
The analysis is based on the Bitcoin (BTC) trading data on the Bitget exchange in the second week of June 2023 (June 12 – June 18). The BTC average price for the week was US$26,180 (around CNY¥186,659.84), reflecting a 1.29% decrease compared to the previous week. This week's BTC trading volume was about 61,733 BTC, or about US$1,631,850,122, down 40.29% from the previous week. As of June 19, 2023, 12:00 AM, the BTC price was US$30,163, down 11.54% from the previous week compared to the closing price of US$30,617 on June 11, 2023.
Global 24h trading volume of Bitcoin (BTC): 434,656 BTC, or US$11,489,691,854. Average Bitcoin market cap: US$502,200,000,000, accounting for 46.38% (of total crypto market capitalization).
As of today (June 19, 2023, 12:00 AM), the Bitcoin (BTC) in circulation is 19,410,206 BTC, and the block reward is 6.25 BTC, with 321 days left until the next Bitcoin halving.
Bitcoin (BTC) price change
Bitcoin price chart of the week (June 12 – June 18)
| Bitcoin (BTC) price |
Opening price |
Closing price |
Highes t price |
Lowest price |
| US$25,925 |
US$26,434 |
US$26,811 |
US$24,807 |
|
| BTC to CNY |
CNY¥184,845.25 |
CNY¥188,474.42 |
CNY¥191,162.43 |
CNY¥176,873.91 |
This week's BTC opening price was US$25,925, and the closing price was US$26,434, representing an increase of 1.96%.
This week's lowest BTC price was US$24,807 on June 15, and this week's highest was US$26,811 on June 17 (1 BTC ≈ CNY¥191,162.43). The spread ratio between the lowest and highest prices was 6.70%.
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As of June 19, 12:00 AM, Bitcoin was trading at US$26,327.8 against the USD, down 61.73% from its all-time high of US$68,789.
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Bitcoin's all-time low was US$0.048, meaning that the current price is 548,495 times its all-time low.
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This week's Bitcoin high of US$26,811 is US$4998 below Bitcoin's 2023 high, and is up about 68.01% from its 2023 low of US$15,958.
This week's Bitcoin (BTC) price details are as follows:
(Data from the Bitget trading platform)
| Date |
Closing price |
Opening price |
Highest price |
Lowest price |
| June 18, 2023 |
US$26,336.21 |
US$26,340 |
US$26,515 |
US$26,679 |
| June 17, 2023 |
US$26,510.68 |
US$26,515 |
US$26,341 |
US$26,767 |
| June 16, 2023 |
US$26,327.46 |
US$26,341 |
US$25,592 |
US$26,473 |
| June 15, 2023 |
US$25,576.39 |
US$25,591 |
US$25,130 |
US$25,733 |
| June 14, 2023 |
US$25,124.68 |
US$25,130 |
US$25,929 |
US$26,052 |
| June 13, 2023 |
US$25,918.73 |
US$25,929 |
US$25,907 |
US$26,429 |
| June 12, 2023 |
US$25,902.50 |
US$25,907 |
US$25,928 |
US$26,081 |
Bitcoin price analysis reports in other weeks
Bitcoin (BTC) price changes and trading data analysis of the first week of June 2023
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Disclaimer and risk warning: The contents of this article are provided on an "as-is" basis and are for general information and educational purposes only and do not constitute any representation or warranty. It should not be construed as investment advice, nor is it intended to recommend specific products or services. Digital asset prices can be volatile. The value of your investment can go up or down and you may not recover your investment amount. You are solely responsible for your investment decisions and Bitget Academy is not liable for any losses you may suffer.
