NEO is currently on bearish momentum. At 17:12 EST on Sunday, 27 December, NEO is at $15.11 and down by 2.38% in the last 6 hours.
NEO Range
Over the last six hours, NEO's higher value was $15.47 and the lower value was $14.81.
Over the last twelve hours, NEO's higher value was $15.77 and the lower value was $14.41.
Regarding NEO's daily highs and lows, it's 4.858% up from its trailing 24-hour low of $14.41 and 4.185% down from its trailing 24-hour high of $15.77.
Concerning NEO's yearly highs and lows, it's 257.21% up from its 52-week low and 41.75% down from its 52-week high.
Volatility
NEO's last day and last week average volatility is a negative 1.40% and a positive 7.78%, respectively. NEO's high and low amplitude percentage in the last week was 14.33%.
News about Bitcoin
michael saylor, the CEO who turned a software company into a Bitcoin company. According to Bloomberg Quint on Thu Dec 24, "This past summer, the business intelligence software company MicroStrategy made waves when it put some of its extra cash into Bitcoin. ", "Then, as Bitcoin ran up, it bought more, and the stock has now soared thanks to the bet. "
Bitcoin rally has already outlasted 2017 run. According to The Wall Street Journal on Thu Dec 24, "Bitcoin bulls say the money fueling this year's rally is coming from more reliable sources than past rallies. "
Bitcoin crushes doubters as 224% rally proves it’s here to stay. According to Bloomberg Quint on Thu Dec 24, "Bitcoin just won't go away. ", "Talking Gold and Bitcoin with Anthony "Pomp" Pompliano"
Luxxfolio to acquire 590 Bitcoin miners. According to Business Insider on Thu Dec 24,
Bitcoin surges to fresh record high and looks set to break the $25,000 level: 'merry bitmas'. According to Business Insider on Fri Dec 25, "Bitcoin has a current market cap of about $350 billion, while that of gold's stands at roughly $10 trillion.", "Known as the leading cryptocurrency, Bitcoin has been a surprise success during the pandemic, quickly becoming a competitor to gold in some portfolios."
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, "The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled.", ""There is a very important strategic shift away from mining in China to mining in western countries like Sweden as Bitcoin investors become more public and want more stability and critical safety," said Salter at Genesis. "
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, ""What's happening now -- and it's happening faster than anyone could ever imagine -- is that Bitcoin is moving from a fringe esoteric asset to the mainstream," said Matt Hougan, chief investment officer of Bitwise Asset Management. ", "While none of those reasons for buying Bitcoin comport with its origins as an alternative to fiat currencies, they do point to a growing acceptance of crypto as an asset class of its own. "