Elrond Cryptocurrency is currently on bearish momentum by 30.45% in the last 7 days. At 18:47 EST on Friday, 23 April, Elrond is at $158.71.
Concerning Elrond’s daily highs and lows, it’s 8.36% up from its trailing 7 days low of $146.46 and 27.25% down from its trailing 7 days high of $218.15.
Currently, Elrond has 211951 Twitter followers and 8057 Reddit subscribers.
As of now, on Github, there are 105 forks, 598 stars, and 58 subscribers.
Elrond’s last week, last month’s, and last quarter’s current volatility was 228.93%, 228.93%, and 228.93%, respectively.
Elrond’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 228.93% (last week), 228.93% (last month), and 228.93% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Elrond’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."
First mideast Bitcoin ETF aims to raise more than $200 million. According to Bloomberg Quint on Thursday, 22 April, "Its 3iQ Coinshares Bitcoin ETF, which listed on the Toronto Stock Exchange last year, is now set to become the first cryptocurrency fund to go public in the Middle East.", "Canada’s largest digital-asset investment fund manager 3iQ Corp. is hoping to raise more than $200 million by listing its Bitcoin exchange-traded fund in Dubai, according to its chief executive officer."
Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, "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.", "We believe that the opposite is true: a world with Bitcoin is a world that, at equilibrium, generates more electricity from renewable carbon-free sources."
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. "
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.", "Over the past few days Bitcoin futures markets experienced a steep liquidation in a similar fashion to the middle of last February, middle of last January or the end of last November," the strategists said. "
More news about Elrond.