Decred Cryptocurrency is currently on bearish momentum by 26.72% in the last 7 days. At 20:47 EST on Friday, 23 April, Decred is at $179.60.
About Decred’s daily highs and lows, it’s 5.48% up from its trailing 7 days low of $170.27 and 27.43% down from its trailing 7 days high of $247.49.
Currently, Decred has 44219 Twitter followers and 10945 Reddit subscribers.
As of now, on Github, there are 254 forks, 590 stars, and 84 subscribers.
Decred’s last week, last month’s, and last quarter’s current volatility was 225.40%, 225.40%, and 225.40%, respectively.
Decred’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 225.40% (last week), 225.40% (last month), and 225.40% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Decred’s crypto is considered to be overbought (>=80).
News about Bitcoin
According to Business Insider on Friday, 23 April, "Meanwhile, Bitcoin slid below $50,000 on Friday, and simultaneous drops in other digital currencies erased $260 billion off the total value of the cryptocurrency market.", "The survey found that 55% of Bitcoin traders across Coinbase, PayPal, and Cash App consider low transaction fees as the second most important quality of crypto trading app platforms, right behind security."
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.", "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."
Largest Bitcoin fund dives to record discount amid crypto swoon. According to Bloomberg Quint on Friday, 23 April, "Still, that’s likely of little comfort to many of the other GBTC investors who bought the trust at a premium during the height of the Bitcoin mania.", "That’s helped to widen the difference between the share price and the underlying value of the Bitcoin holdings to roughly negative 19% as of Thursday’s closing prices, according to data compiled by Bloomberg."
More news about Decred.