Bitcoin SV Cryptocurrency is currently on bearish momentum by 40.35% in the last 7 days. At 22:46 EST on Thursday, 22 April, Bitcoin SV is at $215.82.

Volatility

Bitcoin SV’s last week, last month’s, and last quarter’s current volatility was 275.92%, 275.92%, and 275.92%, respectively.

Bitcoin SV’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 275.92% (last week), 275.92% (last month), and 275.92% (last quarter), respectively.

Crypto Price Classification

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

News about Bitcoin

Cathie wood’s ARK has Bitcoin and solar backwards. According to Bloomberg Quint on Thursday, 22 April, "There is theexistential question of what the actual utility of Bitcoin really is, beyond giving certain social media accounts something to focus on. ", "If anything, Bitcoin might be a useful adjunct for a dispatchable, low-carbon power source suffering from persistently high costs …nuclear Bitcoin, anyone?"

Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, "With the largest cryptocurrency in the mix, energy providers could play the arbitrage between electricity prices and Bitcoin prices, as well as sell surplus solar — and supply almost all grid power demands without lowering profitability, they said.", "Square Inc., which Wood cited in a Twitter post as collaborating on the research, has been buying Bitcoin and says crypto is a growing part of its business through the use of its Cash App for Bitcoin transactions."

Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "The trading volumes for Tether, often dubbed as crypto-cash, have grown exponentially, claim exchanges WazirX, Unocoin, Bitex and ZebPay, even as growth in Bitcoin trading volumes has slowed.", "Even for us, the USDT volumes grew nearly five-fold to $3 million in April compared to last year, as many of our traders liquidated their Bitcoin holdings and converted them into stablecoins," said Sathvik Vishwanath, founder and chief executive of Unocoin, one of the oldest crypto exchanges in India."

More news about Bitcoin SV.

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