Injective Protocol Cryptocurrency is currently on bullish momentum by 50.96% in the last 14 days. At 18:01 EST on Saturday, 1 May, Injective Protocol is at $20.72.
Injective Protocol Range
Concerning Injective Protocol’s daily highs and lows, it’s 85.83% up from its trailing 14 days low of $11.15 and 15.57% down from its trailing 14 days high of $24.54.
Currently, Injective Protocol has 65007 Twitter followers and 3197 Reddit subscribers.
Injective Protocol’s last week, last month’s, and last quarter’s current volatility was 24.03%, 24.03%, and 24.03%, respectively.
Injective Protocol’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 24.03% (last week), 24.03% (last month), and 24.03% (last quarter), respectively.
News about Bitcoin
Bitcoin is facing a make-or-break moment, technicals show. According to Bloomberg Quint on Wednesday, 28 April, "The coin fell 1.4% on Wednesday following an announcement by the Securities and Exchange Commission that it will delay a decision on a Bitcoin exchange-traded fund. ", "If Bitcoin can’t overtake its 50-day mean — which currently sits at about $57,000 — then it might be in for a period of volatility as the gap between the two trend lines converges. "
Nexon joins Tesla in Bitcoin bet with $100 million purchase. According to Bloomberg Quint on Wednesday, 28 April, "In the current economic environment, we believe Bitcoin offers long-term stability and liquidity while maintaining the value of our cash for future investments.", "A growing number of global firms including Tesla Inc. and Square Inc. have moved to purchase Bitcoin in recent months, with more starting to accept the currency as a form of payment. "
SEC punts long-awaited Bitcoin ETF decision to at least June. According to Bloomberg Quint on Wednesday, 28 April, "The delay comes a day before the SEC was due to rule on an application from VanEck Associates Corp., one of at least 11 issuers weighing a Bitcoin ETF, according to Bloomberg Intelligence.", "Optimism has been building that after nearly a decade of efforts, the SEC may finally approve a Bitcoin ETF launch this year. "
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