EOS is currently on bearish momentum. At 10:04 EST on Tuesday, 29 December, EOS is at $2.61 and down by 7.91% in the last 24 hours.
EOS Range
Over the last six hours, EOS's higher value was $2.70 and the lower value was $2.61.
Over the last twelve hours, EOS's higher value was $2.70 and the lower value was $2.61.
Concerning EOS's daily highs and lows, it's 0.13% up from its trailing 24-hour low of $2.61 and 8.302% down from its trailing 24-hour high of $2.85.
Concerning EOS's yearly highs and lows, it's 78.609% up from its 52-week low and 52.272% down from its 52-week high.
Volatility
EOS's last day, last week, and last month's average volatility was a positive 1.82%, a negative 1.13%, and a negative 0.33%, respectively.
EOS's last day, last week, and last month's high and low average amplitude percentage was 6.76%, 14.11%, and 7.98%, respectively.
News about Bitcoin
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, "The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled.", ""There is a very important strategic shift away from mining in China to mining in western countries like Sweden as Bitcoin investors become more public and want more stability and critical safety," said Salter at Genesis. "
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, "While none of those reasons for buying Bitcoin comport with its origins as an alternative to fiat currencies, they do point to a growing acceptance of crypto as an asset class of its own. ", "But with Bitcoin capturing greater attention, it could also garner further scrutiny from regulators, says Guy Hirsch, managing director for the U.S. at online-trading platform eToro. "
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, "Read more: Bitcoin Crushes Doubters as 224% Rally Proves It's Here to Stay", "Others question Bitcoin's validity as an investment and point to the digital currency's history of wild rallies followed by crashes."
Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Mon Dec 28, "Edward Moya, senior market analyst at Oanda, says demand for Bitcoin is "relentless."", "Bitcoin is on track for its longest monthly winning streak in more than a year after touching a record above $28,000 over the weekend."
Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Mon Dec 28, "As bitcoin's price increases, new bitcoin mining devices become more difficult and expensive to procure. ", "The company anticipates this addition will increase the cost efficiency of bitcoin mining, and keep the Riot competitive as the available supply of mining hardwire becomes increasingly scarce."
Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tue Dec 29, "See Also: MicroStrategy Now Holds 70,470 Bitcoin After Spending $1.1B in 2020", "Grayscale Bitcoin Trust (OTC:GBTC) and Grayscale Ethereum Trust (OTC:ETHE) closed 11.33% and 4.32% higher at $30.45 and $16.90 on Monday, respectively."
Bitcoin looks to gain traction in payments. According to The Wall Street Journal on Tue Dec 29, "Bitcoin, introduced in 2008, was designed to operate as a form of electronic cash, allowing users to exchange value as quickly and cheaply as sending an email. ", "Vegas Auto Gallery, a luxury auto dealership in Las Vegas, has become a playground for wealthy bitcoin investors who want to cash in."