Fetch.ai Cryptocurrency is currently on bearish momentum by 27.00% in the last 7 days. At 16:50 EST on Thursday, 22 April, Fetch.ai is at $0.44.
Concerning Fetch.ai’s daily highs and lows, it’s 0.7% down from its trailing 7 days low of $0.44 and 34.79% down from its trailing 7 days high of $0.67.
Currently, Fetch.ai has 50145 Twitter followers and 2210 Reddit subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Fetch.ai’s crypto is considered to be overbought (>=80).
News about Bitcoin
Crypto stock mania tested by sliding prices, Bitcoin slump. According to Bloomberg Quint on Monday, 19 April, "Day traders have also pushed up stocks such as Bitcoin miner Marathon Digital Holdings Inc. and crypto broker Voyager Digital Ltd., which are up at least 8,900% in the past year. ", "A weekend Bitcoin plunge rattled crypto mania, but the token has since pared some losses and remains up 690% over the past year."
Cathie wood’s ARK has Bitcoin and solar backwards. According to Bloomberg Quint on Thursday, 22 April, "There is theexistential question of what the actual utility of Bitcoin really is, beyond giving certain social media accounts something to focus on. ", "If anything, Bitcoin might be a useful adjunct for a dispatchable, low-carbon power source suffering from persistently high costs …nuclear Bitcoin, anyone?"
Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, "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. ", "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."
Dollar pinned near one-month low, Bitcoin steadies near $57k after weekend drop. According to FX Empire on Monday, 19 April, "We suspect the 15% weekend correction in Bitcoin will not have broader market ramifications," ING’s Turner said."
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