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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 07:09 EST on Monday, 28 December, NEO is at $15.71 and up by 3.49% in the last 6 hours.

NEO Range

Over the last six hours, NEO's higher value was $15.71 and the lower value was $15.18.

Over the last twelve hours, NEO's higher value was $15.71 and the lower value was $15.17.

In relation to NEO's daily highs and lows, it's 8.795% up from its trailing 24-hour low of $14.44 and 0.38% down from its trailing 24-hour high of $15.77.

In relation to NEO's yearly highs and lows, it's 271.395% up from its 52-week low and 39.437% 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, "Known as the leading cryptocurrency, Bitcoin has been a surprise success during the pandemic, quickly becoming a competitor to gold in some portfolios.", "However, Bitcoin investors - known for their unquenchable optimism - think this is just the start."

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, "But for Bitcoin, 2020 has been a marvelous time.", "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, "Bitcoin has divided opinion as its price more than tripled in 2020 amid a worsening pandemic. ", "Read more: Bitcoin Crushes Doubters as 224% Rally Proves It's Here to Stay"

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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