Injective Protocol Cryptocurrency is currently on bullish momentum by 43.08% in the last 24 hours. At 08:00 EST on Thursday, 22 April, Injective Protocol is at $19.80.
Injective Protocol Range
Regarding Injective Protocol’s daily highs and lows, it’s 45.27% up from its trailing 24 hours low of $13.63 and 2.65% down from its trailing 24 hours high of $20.34.
Currently, Injective Protocol has 60782 Twitter followers and 2974 Reddit subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Injective Protocol’s crypto is considered to be oversold (<=20).
News about Bitcoin
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.", "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."
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."
Asian stocks hit one-month highs, Bitcoin climbs. According to FX Empire on Monday, 19 April, "The retreat in Bitcoin also comes after Turkey’s central bank banned the use of cryptocurrencies for purchases on Friday."
More news about Injective Protocol.