SafePal Cryptocurrency is currently on bearish momentum by 16.03% in the last 24 hours. At 11:21 EST on Friday, 23 April, SafePal is at $1.93.
Concerning SafePal’s daily highs and lows, it’s 7.22% up from its trailing 24 hours low of $1.80 and 17.17% down from its trailing 24 hours high of $2.33.
Currently, SafePal has 294257 Twitter followers.
SafePal’s last week, last month’s, and last quarter’s current volatility was 3.39%, 3.39%, and 3.39%, respectively.
SafePal’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.39% (last week), 3.39% (last month), and 3.39% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SafePal’s crypto is considered to be overbought (>=80).
News about Bitcoin
According to Business Insider on Friday, 23 April, "Meanwhile, Bitcoin slid below $50,000 on Friday, and simultaneous drops in other digital currencies erased $260 billion off the total value of the cryptocurrency market.", "The survey found that 55% of Bitcoin traders across Coinbase, PayPal, and Cash App consider low transaction fees as the second most important quality of crypto trading app platforms, right behind security."
Largest Bitcoin fund dives to record discount amid crypto swoon. According to Bloomberg Quint on Friday, 23 April, "It keeps getting worse for holders of the Grayscale Bitcoin Trust, which is now trading at a record discount to the value of the digital assets it holds.", "That’s helped to widen the difference between the share price and the underlying value of the Bitcoin holdings to roughly negative 19% as of Thursday’s closing prices, according to data compiled by Bloomberg."
Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, "The argument is that Bitcoin mining could encourage investment in solar energy systems, enabling renewables to fulfill a higher percentage of demand from the energy grid at a constant cost of electricity, according to a post from ARK research director Brett Winton, who credited Yassine Elmandjra and Sam Korus as co-authors. ", "We believe that the opposite is true: a world with Bitcoin is a world that, at equilibrium, generates more electricity from renewable carbon-free sources."
38-year-old exchange founder launches Bitcoin, ether funds. According to Bloomberg Quint on Wednesday, 21 April, "Huobi Tech is rolling out four funds including ones that will virtually track Bitcoin and Ether prices, allowing investors to bet on the coins without actually holding any currency. "
More news about SafePal.