Perpetual Protocol Cryptocurrency is currently on bullish momentum by 20.45% in the last 24 hours. At 05:12 EST on Saturday, 24 April, Perpetual Protocol is at $6.63.
Perpetual Protocol Range
About Perpetual Protocol’s daily highs and lows, it’s 20.77% up from its trailing 24 hours low of $5.49 and 1.78% down from its trailing 24 hours high of $6.75.
Currently, Perpetual Protocol has 17301 Twitter followers.
Perpetual Protocol’s last week, last month’s, and last quarter’s current volatility was 7.61%, 7.61%, and 7.61%, respectively.
Perpetual Protocol’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 7.61% (last week), 7.61% (last month), and 7.61% (last quarter), respectively.
News about Bitcoin
Bitcoin drops below $50,000 amid tax and momentum concerns. According to Bloomberg Quint on Thursday, 22 April, "The slide pushed Bitcoin down as much as 5.8% to about $48,596 as it continued to lose momentum. "
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "Even for us, the USDT volumes grew nearly five-fold to $3 million in April compared to last year, as many of our traders liquidated their Bitcoin holdings and converted them into stablecoins," said Sathvik Vishwanath, founder and chief executive of Unocoin, one of the oldest crypto exchanges in India.", "This was double the growth in Bitcoin volumes for Bitex, which grew three-times year-on-year in April."
JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "It’s likely traders including Commodity Trading Advisers (CTAs) and crypto funds were at least partly behind the buildup of long Bitcoin futures in recent weeks, as well as the unwind in past days, they said.", "In those three previous instances, the overall flow impulse was strong enough to allow Bitcoin to quickly break out above the key thresholds, yielding further buildups in position by momentum traders, JPMorgan noted."
First mideast Bitcoin ETF aims to raise more than $200 million. According to Bloomberg Quint on Thursday, 22 April, "Right now, we’ve seen Bitcoin consolidate in the $50,000-$60,000 range, we expect that to continue," he said.", "Its 3iQ Coinshares Bitcoin ETF, which listed on the Toronto Stock Exchange last year, is now set to become the first cryptocurrency fund to go public in the Middle East."
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