Alpha Finance Cryptocurrency is currently on bullish momentum by 13.79% in the last 6 hours. At 09:57 EST on Tuesday, 20 April, Alpha Finance is at $1.32.
Currently, Alpha Finance has 53511 Twitter followers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Alpha Finance’s crypto is considered to be overbought (>=80).
News about Bitcoin
Bitcoin plunges by most since February, days after record high. According to Bloomberg Quint on Sunday, 18 April, "Interest in crypto went on the rise again after companies from PayPal to Square started enabling transactions in Bitcoin on their systems, and Wall Street firms like Morgan Stanley began providing access to the tokens to some of the wealthiest clients. ", "Besides the "unsubstantiated" report of a U.S. Treasury crackdown, Trenchev said factors for the declines may have included "excess leverage, Coinbase insiders dumping equity after the direct listing and a mass outage in China’s Xinjiang province hitting Bitcoin miners."
Crypto stock mania tested by sliding prices, Bitcoin slump. According to Bloomberg Quint on Monday, 19 April, "A weekend Bitcoin plunge rattled crypto mania, but the token has since pared some losses and remains up 690% over the past year.", "The public market validation of Bitcoin and the entire space from Coinbase’s listing will encourage people who can invest in the markets to do so," said Jehan Chu, managing partner at crypto adviser Kenetic Capital in Hong Kong. "
Dollar pinned near one-month low, Bitcoin steadies near $57k after weekend drop. According to FX Empire on Monday, 19 April, "We suspect the 15% weekend correction in Bitcoin will not have broader market ramifications," ING’s Turner said."
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