Qtum (QTUM-USD) Cryptocurrency is currently on bearish momentum by 17.16% in the last 24 hours. At 07:13 EST on Monday, 17 May, Qtum (QTUM-USD) is at $17.84.
Qtum (QTUM-USD) Range
About Qtum’s daily highs and lows, it’s 7.53% up from its trailing 24 hours low of $16.59 and 17.22% down from its trailing 24 hours high of $21.55.
Currently, Qtum (QTUM-USD) has 242177 Twitter followers and 16578 Reddit subscribers.
As of now, on Github, there are 347 forks, 1102 stars, and 196 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Qtum’s crypto is considered to be overbought (>=80).
News about Bitcoin
Elon Musk just reopened an old wound in the Bitcoin world. According to Bloomberg Quint on Sunday, 16 May, "But a statement he made on Saturday night about Dogecoin really picked open an old Bitcoin scab.", "Then last week, Tesla announced that it would no longer accept Bitcoin as a payment becauseto energy consumption, making the heel-turn complete."
Musk implies Tesla May sell or has sold Bitcoin holdings. According to Bloomberg Quint on Sunday, 16 May, "Elon Musk implied in a Twitter exchange on Sunday that Tesla Inc. may sell or has sold its Bitcoin holdings.", "On May 12, Musk tweeted that while the company was suspending Bitcoin for car purchases, it wouldn’t be selling any Bitcoin."
Bitcoin crashes to $42,000 after Elon Musk tweet-storm – but rebounds after he clarifies Tesla hasn't sold its holdings. According to Business Insider on Monday, 17 May, "A single coal mine in Xinjiang flooded, almost killing miners, and Bitcoin hash rate dropped 35%. "
Jack dorsey says Bitcoin changes everything ‘for the better’. According to Bloomberg Quint on Friday, 14 May, "Square Inc. Chief Executive Officer Jack Dorsey said Friday that the payment processing company would "forever work" to make Bitcoin better.", "Financial News had earlier cited Ahuja as saying that Square has has halted its Bitcoin purchases after a $20 million loss in the coin last quarter."
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