NEO is currently on bearish momentum. At 12:08 EST on Tuesday, 29 December, NEO is at $14.52 and down by 9.16% in the last 24 hours.

NEO Range

Over the last six hours, NEO’s higher value was $14.97 and the lower value was $14.52.

Over the last twelve hours, NEO’s higher value was $15.14 and the lower value was $14.52.

In relation to NEO’s daily highs, it’s 9.589% down from its trailing 24-hour high of $16.06

Concerning NEO’s yearly highs and lows, it’s 243.262% up from its 52-week low and 44.025% 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 Sunday, 27 December, ""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. ", ""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 Sunday, 27 December, ""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. ", "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. "

Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Monday, 28 December, "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 has divided opinion as its price more than tripled in 2020 amid a worsening pandemic. "

Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Monday, 28 December, "Read more: Bitcoin Crushes Doubters as 224% Rally Proves It’s Here to Stay", "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 Monday, 28 December, "On Sunday, bitcoin briefly jumped past $28,000, just one day after passing $27,000 for the first time. ", "Last week CleanSpark announced its adding 1,000 bitcoin miners to its mining fleet."

Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tuesday, 29 December, "At press-time Bitcoin traded 1.26% lower at $26,845.73 and Ethereum traded 1.06% higher at $715.97.", "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."

Bitcoin looks to gain traction in payments. According to The Wall Street Journal on Tuesday, 29 December, "Despite those inroads, industry watchers say bitcoin must gain traction as a form of payment to become more ubiquitous. ", "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. "

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