Perpetual Protocol (perp-usd) Cryptocurrency is currently on bullish momentum by 27.75% in the last 24 hours. At 01:10 EST on Saturday, 15 May, Perpetual Protocol (perp-usd) is at $11.14.
Perpetual Protocol (perp-usd) Range
Regarding Perpetual Protocol’s daily highs and lows, it’s 27.75% up from its trailing 24 hours low of $8.72 and 9.28% down from its trailing 24 hours high of $12.28.
Currently, Perpetual Protocol (perp-usd) has 18741 Twitter followers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Perpetual Protocol’s crypto is considered to be oversold (<=20).
News about Bitcoin
Bitcoin (btc) plunges on Tesla Bitcoin suspension, aud/usd spars USD strength. According to DailyFX on Wednesday, 12 May, "Tesla’s CEO Elon Musk tweeted a statement announcing the suspension of Bitcoin payments for Tesla vehicle purchases. ", "Early Thursday - several hours after the New York closing bell - Bitcoin made a sudden and sharp drop. "
Crypto stocks rebound after $6.1 billion swoon as Bitcoin churns. According to Bloomberg Quint on Friday, 14 May, "The gains comes as Bitcoin climbs back from a slide of more than 15% on Thursday. ", "Elon Musk’s stunning tweet late Wednesday triggered the free-fall for Bitcoin as the billionaire brought concerns surrounding the energy usage of the mining required for the currency to light and forced Wall Street to grapple with an uncertain outlook. "
Bitcoin isn’t behaving as an inflation hedge. its move still makes sense. According to Bloomberg Quint on Wednesday, 12 May, "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%. ", "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. "
Crypto fund pantera says Bitcoin energy concern to impact market. According to Bloomberg Quint on Thursday, 13 May, "There’s a point to think about how renewable the resources are that are used to process transactions on the Bitcoin brand blockchain, but it’s important to remember Bitcoin is only one of the many blockchains," he said.", "On Thursday, he reiterated his belief that Bitcoin could still double in the next five to six months, reaching $115,000 by August. "
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