IoTeX Cryptocurrency is currently on bullish momentum by 46.05% in the last 24 hours. At 03:01 EST on Friday, 30 April, IoTeX is at $0.07.
IoTeX Range
Concerning IoTeX’s daily highs and lows, it’s 46.59% up from its trailing 24 hours low of $0.05 and 8.38% down from its trailing 24 hours high of $0.08.
Social Status
Currently, IoTeX has 47739 Twitter followers and 2757 Reddit subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, IoTeX’s crypto is considered to be oversold (<=20).
News about Bitcoin
Bitcoin at inflection point amid recent selloff, technicals show. According to Bloomberg Quint on Wednesday, 28 April, "Inflation and central bank policies have been the biggest drivers of Bitcoin during the past 12 months, according to Quant Insight, a London-based analytics research firm that studies the relationship between assets and macro factors.", "If Bitcoin can’t overtake its 50-day mean — which currently sits at about $57,042 — 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, "Firms in Japan, which was an early leader in Bitcoin acceptance, have been slow to join this trend.", "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. "
Sofi CEO dives deeper into crypto with Bitcoin, ethereum rewards. According to Bloomberg Quint on Thursday, 29 April, "Social Finance Inc. is edging deeper into cryptocurrencies, allowing its customers to redeem rewards earned through the company’s app for Bitcoin or Ethereum.", "Mastercard Inc. said this week it was pairing with Gemini, the digital-asset exchange run by Cameron and Tyler Winklevoss, while Visa Inc. said in December it’s partnering with startup BlockFi for a specific card that offers Bitcoin rewards of 1.5% of purchases."
More news about IoTeX.
