NEO is currently on bearish momentum. At 11:04 EST on Tuesday, 29 December, NEO is at $14.65 and down by 7.51% in the last 24 hours.
NEO Range
Over the last six hours, NEO's higher value was $15.10 and the lower value was $14.65.
Over the last twelve hours, NEO's higher value was $15.14 and the lower value was $14.65.
Concerning NEO's daily highs, it's 8.78% down from its trailing 24-hour high of $16.06
Concerning NEO's yearly highs and lows, it's 246.336% up from its 52-week low and 43.524% 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, ""It is one of the biggest developments in Bitcoin mining to look out for."", ""This year's energy prices were particularly low as Bitcoin prices have increased.""
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. "
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, "Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.", "Read more: Bitcoin Crushes Doubters as 224% Rally Proves It's Here to Stay"
Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Mon Dec 28, "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 climbed as much as 3.6% on Monday and was trading at about $27,260 as of 9:25 a.m. in New York. "
Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Mon Dec 28, "On Sunday, bitcoin briefly jumped past $28,000, just one day after passing $27,000 for the first time. ", "In recent days bitcoin mining companies have announced major purchases of new equipment."
Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tue Dec 29, "Bitcoin(BTC) rally seems headed for abreather in early January, as per Newton Advisors President Mark Newton.", "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.""
Bitcoin looks to gain traction in payments. According to The Wall Street Journal on Tue Dec 29, "Bitcoin, introduced in 2008, was designed to operate as a form of electronic cash, allowing users to exchange value as quickly and cheaply as sending an email. ", "Many of the companies that tried accepting bitcoin in 2014 and 2015, including Expedia Group Inc. and Dell Inc., later quietly dropped it."