Power Ledger Cryptocurrency is currently on bullish momentum by 13.96% in the last 6 hours. At 14:10 EST on Wednesday, 21 April, Power Ledger is at $0.49.
Power Ledger Range
Regarding Power Ledger’s daily highs and lows, it’s 12.96% up from its trailing 6 hours low of $0.43 and 0.87% down from its trailing 6 hours high of $0.49.
Currently, Power Ledger has 89967 Twitter followers and 13446 Reddit subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Power Ledger’s crypto is considered to be overbought (>=80).
News about Bitcoin
Bitcoin plunges in biggest intraday drop since February. According to Bloomberg Quint on Sunday, 18 April, "The original and biggest crypto coin, Bitcoin is valued at more than $1 trillion after a more than 800% surge in the past year."
JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "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.", "Over the past few days Bitcoin futures markets experienced a steep liquidation in a similar fashion to the middle of last February, middle of last January or the end of last November," the strategists said. "
‘crypto dad’ giancarlo joins board of Bitcoin lender blockfi. According to Bloomberg Quint on Tuesday, 20 April, "It also offers a credit card with Bitcoin rewards, as well as a Bitcoin Trust that gives investors exposure without requiring actual purchases of the digital currency.", "They’re lending to hedge funds that need cash to buy Bitcoin for a trade with minimal risk that has been paying out annualized returns that have recently hit 20% to 40%."
Bitcoin plunges by most since February, days after record high. According to Bloomberg Quint on Sunday, 18 April, "Besides the "unsubstantiated" report of a U.S. Treasury crackdown, Trenchev said factors for the declines may have included "excess leverage, Coinbase insiders dumping equity after the direct listing and a mass outage in China’s Xinjiang province hitting Bitcoin miners.", "Interest in crypto went on the rise again after companies from PayPal to Square started enabling transactions in Bitcoin on their systems, and Wall Street firms like Morgan Stanley began providing access to the tokens to some of the wealthiest clients. "
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