OMG Network (OMG-USD) Cryptocurrency is currently on bearish momentum by 16.35% in the last 24 hours. At 07:10 EST on Monday, 17 May, OMG Network (OMG-USD) is at $8.71.
OMG Network (OMG-USD) Range
Concerning OMG Network’s daily highs and lows, it’s 7.8% up from its trailing 24 hours low of $8.08 and 16.33% down from its trailing 24 hours high of $10.41.
Currently, OMG Network (OMG-USD) has 324341 Twitter followers and 4884 Reddit subscribers.
As of now, on Github, there are 53 forks, 96 stars, and 23 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, OMG Network’s crypto is considered to be overbought (>=80).
News about Bitcoin
Bitcoin crashes to $42,000 after Elon Musk tweet-storm – but rebounds after he clarifies Tesla hasn't sold its holdings. According to Business Insider on Monday, 17 May, "A single coal mine in Xinjiang flooded, almost killing miners, and Bitcoin hash rate dropped 35%. "
Musk implies Tesla May sell or has sold Bitcoin holdings. According to Bloomberg Quint on Sunday, 16 May, "Elon Musk implied in a Twitter exchange on Sunday that Tesla Inc. may sell or has sold its Bitcoin holdings.", "On May 12, Musk tweeted that while the company was suspending Bitcoin for car purchases, it wouldn’t be selling any Bitcoin."
Jack dorsey says Bitcoin changes everything ‘for the better’. According to Bloomberg Quint on Friday, 14 May, "Square Inc. Chief Executive Officer Jack Dorsey said Friday that the payment processing company would "forever work" to make Bitcoin better.", "Financial News had earlier cited Ahuja as saying that Square has has halted its Bitcoin purchases after a $20 million loss in the coin last quarter."
Bitcoin nurses losses as musk’s spats on twitter whipsaw token. According to Bloomberg Quint on Monday, 17 May, "He lopped nearly $10,000 off the price of Bitcoin in hours last Wednesday after saying Tesla would no longer accept it as payment for cars. ", "Bitcoin was already falling on Sunday when Musk replied "Indeed" to a tweet from @CryptoWhale suggesting Tesla get rid of its remaining Bitcoin holdings. "
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