Polymath Network (POLY-USD) Cryptocurrency is currently on bearish momentum by 25.05% in the last 7 days. At 13:10 EST on Saturday, 15 May, Polymath Network (POLY-USD) is at $0.34.
Polymath Network (POLY-USD) Range
Regarding Polymath Network’s daily highs and lows, it’s 3.14% up from its trailing 7 days low of $0.33 and 22.64% down from its trailing 7 days high of $0.44.
Currently, Polymath Network (POLY-USD) has 46254 Twitter followers and 5547 Reddit subscribers.
As of now, on Github, there are 122 forks, 281 stars, and 70 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Polymath Network’s crypto is considered to be overbought (>=80).
News about Bitcoin
Musk splits from cathie wood’s ark on Bitcoin environmental cost. According to Bloomberg Quint on Thursday, 13 May, "While Musk offered few details about what prompted his rethink, the episode underscores the growing importance of environmental concerns for companies and investors as they weigh whether to increase exposure to Bitcoin and other cryptocurrencies. ", "While Musk expressed concern about the "rapidly increasing" use of fossil fuels for cryptocurrency mining, he said Tesla won’t be selling any of its Bitcoin holdings and the company will resume accepting it for payments as soon as mining becomes more sustainable. "
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. "
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. "
Musk’s Bitcoin concerns sink crypto-linked stocks. According to Bloomberg Quint on Thursday, 13 May, "Tesla’s disclosure in February that it had purchased $1.5 billion in Bitcoin and would accept it as a payment, added legitimacy to the cryptocurrency. ", "Musk said in his post that Tesla wouldn’t be selling any Bitcoin and aimed to use it for transactions once mining shifted to a more sustainable energy. "
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