NEO is currently on bearish momentum. At 03:03 EST on Tuesday, 29 December, NEO is at $14.83 and down by 6.74% in the last 12 hours.

NEO Range

Over the last six hours, NEO’s higher value was $15.37 and the lower value was $14.83.

Over the last twelve hours, NEO’s higher value was $15.83 and the lower value was $14.83.

In relation to NEO’s daily highs, it’s 7.659% down from its trailing 24-hour high of $16.06

Concerning NEO’s yearly highs and lows, it’s 250.591% up from its 52-week low and 42.83% down from its 52-week high.

Volatility

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, ""We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway," said Tyler Page, a business developer at Bitfury. ", "Having coin flowing from the Nordic region helps reduce the political risk profile of Bitcoin."

Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, "Janet Yellen, who’s been nominated to serve as Treasury secretary in Biden’s administration, has in recent years cautioned investors over Bitcoin, saying it was a "highly speculative asset" and "not a stable store of value." A representative didn’t immediately return a request seeking comment.", ""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. "

Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, "Others question Bitcoin’s validity as an investment and point to the digital currency’s history of wild rallies followed by crashes.", "Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,150 as of 1 p.m. in Tokyo. "

Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Mon Dec 28, ""Bitcoin is still the trendy trade on Wall Street and that might not go away," Moya wrote in a note Monday. ", "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, "Grayscale Bitcoin Trust (OTC:GBTC) and Grayscale Ethereum Trust (OTC:ETHE) closed 11.33% and 4.32% higher at $30.45 and $16.90 on Monday, respectively.", "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.""

LEAVE A REPLY

Please enter your comment!
Please enter your name here