Bitcoin price today 2/8: The market is in the greenDuring the day, the bitcoin price fluctuated between $29,000 and $29,400, despite market-shaking news such as an increase in jobless claims or a jump in U.S. Treasury yields.
The capitalization of bitcoin today dropped slightly to $567 billion, representing 48.7% of the cryptocurrency market. The total market capitalization recorded at 7:30 am is 1.164 billion USD, down 6 billion USD compared to 24 hours ago. At the same time, the 24-hour trading volume on the market decreased by 25.27% compared to August 3, reaching 29.25 billion USD.
According to Reuters, Coinbase Global beat revenue expectations in the second quarter thanks to growth in interest income. Specifically, Coinbase's interest income in the second quarter of 2023 reached $201.4 million, compared with just $32.5 million a year ago.