Ethernity Chain Cryptocurrency is currently on bearish momentum by 17.81% in the last 24 hours. At 04:52 EST on Friday, 23 April, Ethernity Chain is at $16.18.
Ethernity Chain Range
About Ethernity Chain’s daily highs and lows, it’s 10.52% up from its trailing 24 hours low of $14.64 and 24.88% down from its trailing 24 hours high of $21.54.
Currently, Ethernity Chain has 63911 Twitter followers.
Ethernity Chain’s last week, last month’s, and last quarter’s current volatility was 39.99%, 39.99%, and 39.99%, respectively.
Ethernity Chain’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 39.99% (last week), 39.99% (last month), and 39.99% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Ethernity Chain’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, "One is to have a stable-priced counterweight in their portfolio to volatile assets like Bitcoin and altcoins. ", "Even for us, the USDT volumes grew nearly five-fold to $3 million in April compared to last year, as many of our traders liquidated their Bitcoin holdings and converted them into stablecoins," said Sathvik Vishwanath, founder and chief executive of Unocoin, one of the oldest crypto exchanges in India."
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. "
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. "
More news about Ethernity Chain.