NEO is currently on bearish momentum. At 11:11 EST on Wednesday, 20 January, NEO is at $24.66 and down by 12.08% in the last 24 hours.

NEO Range

Over the last six hours, NEO’s higher value was $25.14 and the lower value was $24.26.

Over the last twelve hours, NEO’s higher value was $26.08 and the lower value was $24.26.

In relation to NEO’s daily highs and lows, it’s 1.649% up from its trailing 24-hour low of $24.26 and 10.781% down from its trailing 24-hour high of $27.64.

Concerning NEO’s yearly highs and lows, it’s 482.979% up from its 52-week low and 13.897% down from its 52-week high.

Volatility

NEO’s last day, last week, and last month’s average volatility was a negative 2.19%, a positive 2.85%, and a positive 2.28%, respectively.

NEO’s last day, last week, and last month’s high and low average amplitude percentage was 8.40%, 12.12%, and 13.47%, respectively.

Last news about NEO

According to Business Insider on Wednesday, 20 January, "The company said the plan will continue to measure NEO performance based on a set of other performance factors, which for fiscal 2021 will further emphasize the importance of ESG metrics by including diversity and inclusion."

News about Bitcoin

Bitcoin retreats from $40,000 level strategists view as key. According to Bloomberg Quint on Monday, 18 January, "The pattern of demand for Bitcoin futures and the $22.9 billion Grayscale Bitcoin Trust will help determine the outlook, they added.", "The JPMorgan strategists said Bitcoin was in a similar position in late November, except with $20,000 as the test. "

A record $3.7 billion in Bitcoin options are set to expire on January 29 as interest in cryptocurrencies surges. According to Business Insider on Monday, 18 January, "Options contracts worth around 101,000 Bitcoin – or $3.7 billion at Monday’s prices – are to to expire on January 29, bybt.com’s data showed, although not every option will result in a trade. ", "Yet the Bitcoin price is highly volatile, regularly swinging more than 10% each day. "

Coinshares is starting an exchange-traded Bitcoin product. According to Bloomberg Quint on Monday, 18 January, "CoinShares, a St. Helier, Jersey-based asset manager, is launching an exchange-traded Bitcoin product amid a fierce rally for the world’s largest digital currency.", "The CoinShares Physical Bitcoin product will go live on Jan. 19 and be listed under the ticker BITC on the SIX Swiss Exchange. "

JPMorgan sees Bitcoin crossing $40k again in coming weeks, if this key condition is met. According to Business Insider on Tuesday, 19 January, "What Happened: If the institutional investors fail to take Bitcoin past the breakout mark, the subdued cryptocurrency rally could face a further setback, JPMorgan analysts are suggesting, as reported by Bloomberg.", "JPMorgan analysts see Bitcoin (BTC) continuing on its rally above the $40,000 mark, if the Grayscale Bitcoin Trust (OTC:GBTC) continues to sustain inflow above the $100 million mark every day in the coming weeks."

Bitcoin profit review : comprehensive sign up guide for Bitcoin profit app. According to Business Insider on Tuesday, 19 January, "Bitcoin Profit Update: Bitcoin Profit is one of the many cryptocurrency trading robot that many investors claim has helped them make significant returns from the booming crypto markets. ", "Nowadays, features are everything and the trading platform Bitcoin Profit contains significant features that help to distinguish itself from other trading platforms. "

Bofa clients with $561 billion say Bitcoin is most crowded trade. According to Bloomberg Quint on Tuesday, 19 January, "For the first time since 2017, Bank of America Corp. clients with $561 billion combined say Bitcoin is the world’s most crowded trade as speculative euphoria hits Wall Street."

A $3 billion digital-asset investing trailblazer just launched an exchange-traded Bitcoin product in the midst of the cryptocurrency's wild rally. According to Business Insider on Tuesday, 19 January, "CoinShares, one of the earliest digital asset investing firms, said on Tuesday it had launched an exchange-traded Bitcoin product.", "The CoinShares Physical Bitcoin Product is set to be listed on Switzerland’s main stock exchange under the ticker symbol BITC. "

Bitcoin and U.S. tech stocks are the biggest market bubbles right now, investors say. According to CNBC on Tuesday, 19 January, "When asked specifically about the 12 month fate of Bitcoin and Tesla – a stock emblematic of a potential tech bubble – a majority of readers think that they are more likely to halve than double from these levels with Tesla more vulnerable according to readers," Deutsche Bank said."

Far right groups get Bitcoin windfall weeks before capitol riot. According to Bloomberg Quint on Tuesday, 19 January, "The entities’ normally anonymous encrypted Bitcoin addresses were public, making it relatively easy to trace the payments over the online ledger known as a blockchain that includes all the peer-to-peer transactions, Chainalysis said.", "Last week, European Central Bank President Christine Lagarde said Bitcoin had been enabling "funny business."

Bitcoin surge built on market exUberance, momentum trading. According to Bloomberg Quint on Wednesday, 20 January, "Since October 2020 — the starting point of the latest Bitcoin cycle — about 60% of returns can be explained by exuberance in the wider market and momentum trading, according to Bloomberg Economics’ structural empirical model which exploits the co-movement of prices for Bitcoin and other assets to determine what factors are driving the ups and downs of the digital currency. "

Bitcoin slides below $35,000 as crypto mania loses momentum. According to Bloomberg Quint on Wednesday, 20 January, "Many cryptocurrency traders are diversifying into other coins in fear that Bitcoin could see another collapse if $41,500 is not reached sometime soon," said Edward Moya, senior market analyst at Oanda Corp.", "Ever since the market shot through all-time highs in early January, Bitcoin has been beset by volatility and skepticism that the run-up has been excessive."

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