Bytom Cryptocurrency is currently on bearish momentum by 23.80% in the last 24 hours. At 04:45 EST on Friday, 23 April, Bytom is at $0.17.
Concerning Bytom’s daily highs and lows, it’s 6.19% up from its trailing 24 hours low of $0.16 and 26.13% down from its trailing 24 hours high of $0.23.
Currently, Bytom has 21090 Twitter followers and 2118 Reddit subscribers.
As of now, on Github, there are 373 forks, 1170 stars, and 137 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Bytom’s crypto is considered to be overbought (>=80).
News about Bitcoin
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.", "The argument is that Bitcoin mining could encourage investment in solar energy systems, enabling renewables to fulfill a higher percentage of demand from the energy grid at a constant cost of electricity, according to a post from ARK research director Brett Winton, who credited Yassine Elmandjra and Sam Korus as co-authors. "
JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "It’s likely traders including Commodity Trading Advisers (CTAs) and crypto funds were at least partly behind the buildup of long Bitcoin futures in recent weeks, as well as the unwind in past days, they said.", "In those three previous instances, the overall flow impulse was strong enough to allow Bitcoin to quickly break out above the key thresholds, yielding further buildups in position by momentum traders, JPMorgan noted."
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "This was double the growth in Bitcoin volumes for Bitex, which grew three-times year-on-year in April.", "One is to have a stable-priced counterweight in their portfolio to volatile assets like Bitcoin and altcoins. "
More news about Bytom.