Bitmax Token Cryptocurrency is currently on bearish momentum by 33.60% in the last 7 days. At 05:40 EST on Saturday, 24 April, Bitmax Token is at $0.94.
Bitmax Token Range
About Bitmax Token’s daily highs and lows, it’s 1.36% up from its trailing 7 days low of $0.93 and 31.19% down from its trailing 7 days high of $1.37.
Currently, Bitmax Token has 88825 Twitter followers and 2478 Reddit subscribers.
Bitmax Token’s last week, last month’s, and last quarter’s current volatility was 3.21%, 3.21%, and 3.21%, respectively.
Bitmax Token’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.21% (last week), 3.21% (last month), and 3.21% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Bitmax Token’s crypto is considered to be overbought (>=80).
News about Bitcoin
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "Given, Bitcoin prices have been extremely volatile after reaching peak-levels, it makes sense to convert part of holdings in stablecoins so that the returns don’t fluctuate too much," he said.", "This was double the growth in Bitcoin volumes for Bitex, which grew three-times year-on-year in April."
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?"
38-year-old exchange founder launches Bitcoin, ether funds. According to Bloomberg Quint on Wednesday, 21 April, "Huobi Tech is rolling out four funds including ones that will virtually track Bitcoin and Ether prices, allowing investors to bet on the coins without actually holding any currency. "
What Elon Musk and jack dorsey are missing about Bitcoin and green energy. According to Bloomberg Quint on Thursday, 22 April, "Research from the Centre for Alternative Finance shows that Bitcoin mining is dominated by China, a country currently driving a boom in new coal plants. ", "In their research, ARK and Square proposed that a renewable power project could be built without a grid connection, just to power a Bitcoin operation. "
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