NEO is currently on bearish momentum. At 00:07 EST on Tuesday, 29 December, NEO is at $14.95 and down by 4.48% in the last 6 hours.
Over the last six hours, NEO’s higher value was $15.62 and the lower value was $14.95.
Over the last twelve hours, NEO’s higher value was $16.06 and the lower value was $14.95.
Concerning NEO’s daily highs, it’s 6.912% down from its trailing 24-hour high of $16.06
Concerning NEO’s yearly highs and lows, it’s 253.428% up from its 52-week low and 42.367% down from its 52-week high.
NEO’s last day, last week, and last month’s average volatility was a positive 3.38%, a negative 1.09%, and a negative 0.46%, respectively.
NEO’s last day, last week, and last month’s high and low average amplitude percentage was 7.56%, 13.68%, and 8.13%, respectively.
News about Bitcoin
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, "The current market dynamics give big miners alternatives to places where Bitcoin are usually created such as China, Kazakhstan and Canada.", ""We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway," said Tyler Page, a business developer at Bitfury. "
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, "But with Bitcoin capturing greater attention, it could also garner further scrutiny from regulators, says Guy Hirsch, managing director for the U.S. at online-trading platform eToro. ", "Clayton’s exit from the regulator is welcome news for crypto fans who saw him take a hard line over the years, suing to halt initial coin offerings, rejecting applications for Bitcoin exchange-traded funds and launching a last-minute lawsuit against Ripple Labs Inc. Gensler, who served as a Commodity Futures Trading Commission chairman during the Obama administration, is a senior advisor to the MIT Media Lab Digital Currency Initiative and teaches about blockchain technology and digital currencies."
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, "Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,150 as of 1 p.m. in Tokyo. ", "Bitcoin is on track for its longest monthly winning streak in more than a year after touching a record above $28,000 over the weekend."
Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Mon Dec 28,
Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tue Dec 29, "Basing his analysis on another chart, which uses three disparate Bitcoin cycles, Newton said, "All those years where we had a stellar Q4 we reversed course in trend back in late December, early January, and actually went lower."", "See Also: MicroStrategy Now Holds 70,470 Bitcoin After Spending $1.1B in 2020"