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NEO On Bullish Momentum: 3.49% Up In The Last 6 Hours

ViaNews Editorial Team

December 28, 2020

NEO On Bullish Momentum: 3.49% Up In The Last 6 Hours

NEO is currently on bullish momentum. At 05:09 EST on Monday, 28 December, NEO is at $15.70 and up by 3.49% in the last 6 hours.

NEO Range

Over the last six hours, NEO's higher value was $15.70 and the lower value was $15.17.

Over the last twelve hours, NEO's higher value was $15.70 and the lower value was $15.14.

In relation to NEO's daily highs and lows, it's 8.952% up from its trailing 24-hour low of $14.41 and 0.444% down from its trailing 24-hour high of $15.77.

In relation to NEO's yearly highs and lows, it's 271.158% up from its 52-week low and 39.476% down from its 52-week high.

Volatility

NEO's last day and last week average volatility is a positive 1.00% and a positive 7.89%, respectively. NEO's high and low amplitude percentage in the last week was 16.42%.

News about Bitcoin

Bitcoin surges to fresh record high and looks set to break the $25,000 level: 'merry bitmas'. According to Business Insider on Fri Dec 25, "Bitcoin has a current market cap of about $350 billion, while that of gold's stands at roughly $10 trillion.", "Bitcoin is soaring once again, hitting a new record price of $24,661 on Friday, with investors declaring "Happy Bitmas," on social media."

Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, ""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. ", "The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled."

Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, "But for Bitcoin, 2020 has been a marvelous time.", "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, "Read more: Bitcoin Crushes Doubters as 224% Rally Proves It's Here to Stay", "Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development."

In this story · Knowledge Files

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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