(VIANEWS) – Akash Network (AKT-USD) cryptocurrency is currently on bearish momentum by 30.65% in the last 7 days. At 19:55 EST on Thursday, 27 January, Akash Network (AKT-USD) is at $1.4800.

Volume

Today’s last reported volume for Akash Network is 1926865, 26.8% below its average volume of 2632648.16.

All-Time High and Low

Akash Network’s current value is at $1.48, 81.69% below its all-time high of $8.07 on Tuesday, 6 April.

Akash Network’s current value is at $1.48, 343.82% above its all time low of $8.07 on Friday, 23 October.

Market Cap and Supply

Akash Network’s current market cap is at 188345151. The total supply is 176,438,891.41, maximum supply is 388,539,008.00, and the circulating supply is 127,437,761.27.

Akash Network (AKT-USD) Range

Regarding Akash Network’s daily highs and lows, it’s 1.37% up from its trailing 7 days low of $1.4600 and 32.11% down from its trailing 7 days high of $2.1800.

Social Status

Currently, Akash Network (AKT-USD) has 64887 Twitter followers and 4651 Reddit subscribers.

As of now, on Github, there are 101 forks, 584 stars, and 41 subscribers.

Volatility

Akash Network’s last week, last month’s, and last quarter’s current intraday variation average was a negative 5.28%, a negative 0.22%, and a positive 5.38%, respectively.

Akash Network’s highest amplitude of average volatility was 10.01% (last week), 7.82% (last month), and 5.38% (last quarter), respectively.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Akash Network’s crypto is considered to be overbought (>=80).

News about Bitcoin

  • Bitcoin profit measures suggest we’re in a prolonged bear market. According to Bloomberg Quint on Wednesday, 26 January, "More recently, Bitcoin has dipped as low as $33,000 from almost $69,000 in less than three months amid a broader selloff in risk assets on growing conviction the Federal Reserve will ratchet back its ultra-accommodative policy settings.", "But for context on how severe past downdrafts have been, consider this: The current Bitcoin selloff is "downright modest" when compared to the 90% drops in value from earlier in its history, according to Bespoke Investment Group. "
  • Gold and Bitcoin rise when long-term interest rates are low and central bank money supply increases – natixis. According to FXStreet on Thursday, 27 January, "Analysts at Natixis seek to determine whether changes in gold or Bitcoin prices provide information on investors’ perception of future monetary policy, future inflation, future share price movements and dollar’s exchange rate.", "For the Bitcoin price, we find a significant correlation with long-term interest rates (negative) in the US and the OECD, rhe monetary base (positive) in the US and the OECD but not with the stock market index, inflation or the dollar’s exchange rate."
  • Btc/usd forecast: Bitcoin continues to try to stabilize – 26 January 2022. According to DailyForex on Wednesday, 26 January, "One of the most important events for Bitcoin over the next several days will be the Federal Reserve FOMC press conference. ", "That being said, it is very likely that we will continue to see a lot of choppiness when it comes to Bitcoin and other assets, but clearly the market has gotten oversold, and it does make sense that we would see a bit of a bounce."
  • Someone just sent $43m in Bitcoin onto coinbase. According to Benzinga on Thursday, 27 January, "What happened: An anonymous cryptocurrency wallet holding $43,173,937 of Bitcoin (CRYPTO: BTC) just transferred their funds onto Coinbase. ", "It’s likely that this Bitcoin whale is planning either on selling Bitcoin or trading it for other altcoins."
  • Btc/usd forecast: Bitcoin plunges but finds bounce – 25 January 2022. According to DailyForex on Tuesday, 25 January, "It is worth noting that the Bitcoin and the S&P 500 have roughly an 86% correlation as of late, so if the stock market continues to sell off, that is probably a sign that Bitcoin will continue to take a punch to the face. ", "The Bitcoin market has seen a massive amount of technical damage, so at this point it might be more or less a "short covering rally" on a short timeframe."

More news about Akash Network (AKT-USD).

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