NEO is currently on bearish momentum. At 23:08 EST on Wednesday, 13 January, NEO is at $22.32 and down by 4.97% in the last 6 hours.
Over the last six hours, NEO’s higher value was $23.43 and the lower value was $22.32.
Over the last twelve hours, NEO’s higher value was $23.43 and the lower value was $22.23.
About NEO’s daily highs and lows, it’s 5.532% up from its trailing 24-hour low of $21.15 and 4.738% down from its trailing 24-hour high of $23.43.
Regarding NEO’s yearly highs and lows, it’s 427.66% up from its 52-week low and 15.39% down from its 52-week high.
NEO’s last day, last week, and last month’s average volatility was 5.74%, 6.27%, and 1.84%, respectively.
NEO’s last day, last week, and last month’s high and low average amplitude percentage was 14.52%, 19.02%, and 12.29%, respectively.
News about Bitcoin
Two-day Bitcoin plunge shakes faith in cryptocurrency boom. According to Bloomberg Quint on Monday, 11 January, "Others worry that the rally is untethered from reason and fueled by vast swathes of fiscal and monetary stimulus, with Bitcoin unlikely to ever serve as a viable currency alternative.", "While it may mature in the future, Bitcoin as it exists is largely a speculative asset."
JPMorgan strategists say U.S. ETF could sap Bitcoin price. According to Bloomberg Quint on Monday, 11 January, "U.S. approval of a Bitcoin exchange-traded fund could weigh on the digital coin’s price in the short term, according to JPMorgan Chase & Co.", "That’s because competition from such a vehicle could spark outflows from the Grayscale Bitcoin Trust, the world’s largest traded cryptocurrency fund. "
Bitcoin falls to a one-week low, as a stronger dollar and investor nerves strip off nearly $140 billion in total cryptocurrency market cap. According to Business Insider on Monday, 11 January, "The stronger dollar and higher bond yields has also sparked a plunge in Bitcoin and in gold prices this morning," strategists at Rabobank said in a note.", "Some of the anarchy froth supporting Bitcoin after anti-government types stormed Capitol Hill is receding a touch. "
Cryptocurrency investors could 'lose all their money', UK regulator warns as Bitcoin price drops from all-time high. According to Business Insider on Monday, 11 January, "They worry that amateur investors could be sucked in, only for currencies like Bitcoin to collapse in value, as they did in 2018.", "The FCA also stressed that cryptocurrencies such as Bitcoin are largely unregulated. "
Bitcoin and Tesla have gotten the fed's attention. According to Bloomberg Quint on Monday, 11 January, "The S&P 500 Index wobbled on Monday as yields climbed past 1.13% but remained relativelyresilient considering the sharp drop in Bitcoin and Tesla. ", "But on the way to reaching those goals, there’sa level of rampant speculation in asset prices that even the Fed will seek to stymie, whether in Bitcoin or Tesla, the ARK Innovation exchange-traded fundor special-purpose acquisition companies. "
On technical charts, Bitcoin really is an asset like no other. According to Bloomberg Quint on Monday, 11 January, "The coin’s 20-day moving average has thus far provided a support level throughout its uptrend, though Bitcoin remains overbought, according to the GTI gauge.", "Chris Zaccarelli, chief investment officer at Independent Advisor Alliance, says there are good reasons for believing in Bitcoin but, to him, it’s a question of whether or not it constitutes a good place to allocate capital. "
Bitcoin snaps slide while leaving everyone in dark on true worth. According to Bloomberg Quint on Tuesday, 12 January, "We think a pull back is healthy," said David Grider, lead digital strategist with Fundstrat Global Advisors LLC, who added he doesn’t think the recent price action indicates that Bitcoin has already topped out.", "The digital coin rose as much as 8% to about $36,600, but the move higher pales compared to the gyrations that took Bitcoin to an all-time high of nearly $42,000 on Jan. 8 before a precipitous slump over Sunday and Monday."
Bitcoin rebounds while leaving everyone in dark on true worth. According to Bloomberg Quint on Tuesday, 12 January, "We think a pull back is healthy," said David Grider, lead digital strategist with Fundstrat Global Advisors LLC, who added he doesn’t think the recent price action indicates that Bitcoin has already topped out.", "Pinpointing who is mainly responsible for the rally is one of the many crypto mysteries — Bitcoin funds, momentum chasers, billionaires, day traders, companies and even institutional investors have all been cited."
Bitcoin miner that’s risen 1,400% says more regulation is needed. According to Bloomberg Quint on Tuesday, 12 January, "More institutions and notable investors, from Paul Tudor Jones to Scott Minerd and Stan Druckenmiller, have either started allocating funds to Bitcoin or have said they’re open to doing so.", "Peter Wall, whose Argo Blockchain Plc is up 1,400% in the past year, said he sees Bitcoin "moving in one direction" as interest in the sector increases and institutional investors come on board. "
Bitcoin historian elias ahonen publishes 2nd book, a 500-page 'history of cryptocurrency'. According to Business Insider on Tuesday, 12 January, "The cover artwork Bitcoin Angel is by acclaimed crypto artist Trevor Jones and symbolizes how many Bitcoin enthusiasts see the digital currency as a sort of saviour. ", "This led Ahonen to become a broker of million-dollar Bitcoin art and to launch a cryptocurrency consulting firm which placed him in the center of the hype. "
People have lost roughly $140 billion in Bitcoin because they forgot their passwords or got locked out of accounts, and would-be millionaires are struggling to access their wallets. According to Business Insider on Tuesday, 12 January, "Gabriel Abed is another Bitcoin owner who lost access to his Bitcoin wallet since 2011 when his laptop was reformatted, losing 800 Bitcoin that are now worth a total of $25 million, according to the Times.", "With Bitcoin prices increasing by over 50% since it reached its all-time high of $20,000 last month, those locked out of their cryptocurrency wallets are becoming desperate as they calculate how much wealth they would gain if only they remembered their passwords."
Bitcoin extends tumble in further blow to volatile crypto boom. According to Bloomberg Quint on Wednesday, 13 January, "They also test recent narratives, such as the argument that Bitcoin is maturing into a hedge against dollar weakness and inflation risk, and attracting longer term investors.", "An alternative view is that fast money seeking rapid gains helped to propel the quadrupling in Bitcoin over the past year, leaving the rally exposed to the risk of such investors pulling out as momentum wanes."
New tech ipos to Bitcoin are on ajay srivastava’s 2021 investing list. According to Bloomberg Quint on Wednesday, 13 January, "Among a host of cryptocurrencies, he advised sticking with Bitcoin because of its wide supervision. "
Bitcoin will break wall street's heart. According to The Wall Street Journal on Wednesday, 13 January, "Grayscale’s flagship Bitcoin Trust had assets under management of $1.9 billion at the start of 2020, $4.7 billion by the end of September and $21.1 billion as of Tuesday."
Bitcoin, blackouts and smog are exacerbating iran’s virus woes. According to Bloomberg Quint on Wednesday, 13 January, "The outages have been compounded by the mining of Bitcoin and other cryptocurrencies, which uses banks of high-powered computers to verify the legitimacy of transactions and create units of digital coin, government officials have said.", "A spokesman for the country’s electricity industry apologized for the shutdowns on state TV and said power supplies to Bitcoin miners and industry have been strictly limited to meet domestic needs."
Bitcoin is unlike any other bubble we’ve seen so far. According to Bloomberg Quint on Wednesday, 13 January, "While the jury is still out on whether Bitcoin is a bubble, one thing is certain: it’s unlike any other bubble we’ve seen.", "This very frequency makes the Bitcoin narrative somewhat atypical relative to the great bubbles of the past."
Bitcoin (btc) builds for the next big break, btc/usd levels. According to DailyFX on Wednesday, 13 January, "Making matters all the more interesting, even as risk factors continued to flare, Gold prices dropped precipitously while Bitcoin put in a major bullish breakout, eventually tagging the $42,000 level last Friday.", "In this week’s technical forecast on Gold, I also included a chart of Bitcoin with a number of potential levels pointed out. "