Orbs (orbs-usd) Cryptocurrency is currently on bearish momentum by 12.35% in the last 6 hours. At 03:10 EST on Saturday, 15 May, Orbs (orbs-usd) is at $0.12.
Orbs (orbs-usd) Range
About Orbs’s daily highs and lows, it’s 2.8% down from its trailing 6 hours low of $0.12 and 10.28% down from its trailing 6 hours high of $0.13.
Currently, Orbs (orbs-usd) has 43338 Twitter followers.
News about Bitcoin
Bitcoin isn’t behaving as an inflation hedge. its move still makes sense. According to Bloomberg Quint on Wednesday, 12 May, "So from that perspective it looks like Bitcoin is simply behaving as a risky,speculative asset, which both explains its action today and also over the last year. ", "In addition to Bitcoin selling off, we’re seeing tech get hammered (down 2%) and the real speculative stuff like the ARKK exchange-traded fund down over 3%. "
Musk’s Bitcoin concerns sink crypto-linked stocks. According to Bloomberg Quint on Thursday, 13 May, "That puts him at odds with ARK Investment Management LLC’s Cathie Wood, who last month shared research that she said would "debunk the myth that Bitcoin mining" is bad for the environment. ", "Bitcoin plunged as much as 15%, sinking to as low as $46,045 after Musk said he was worried over the "rapidly increasing use of fossil fuels for Bitcoin mining and transactions," and suspended Tesla purchases with the asset, indicating he might favor other cryptocurrencies with much lower energy usage."
Bitcoin falls below $50,000 as musk calls energy use ‘insane’. According to Bloomberg Quint on Thursday, 13 May, "Musk’s decision in February to buy $1.5 billion in Bitcoin and plan to accept it as a form of payment has been a major catalyst in the crypto bull market. "
More news about Orbs (orbs-usd).