SKALE Cryptocurrency is currently on bearish momentum by 32.33% in the last 7 days. At 19:19 EST on Friday, 23 April, SKALE is at $0.48.
About SKALE’s daily highs and lows, it’s 10.97% up from its trailing 7 days low of $0.43 and 41.81% down from its trailing 7 days high of $0.82.
Currently, SKALE has 21684 Twitter followers and 1317 Reddit subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SKALE’s crypto is considered to be overbought (>=80).
News about Bitcoin
Largest Bitcoin fund dives to record discount amid crypto swoon. According to Bloomberg Quint on Friday, 23 April, "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.", "The $35 billion fund (ticker GBTC) has lost roughly a fifth of its value since last Friday while Bitcoin tumbled from record highs. "
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "This was double the growth in Bitcoin volumes for Bitex, which grew three-times year-on-year in April.", "One is to have a stable-priced counterweight in their portfolio to volatile assets like Bitcoin and altcoins. "
Bitcoin retreats to weekend’s flash crash lows amid tax anxiety. According to Bloomberg Quint on Thursday, 22 April, "The slide pushed Bitcoin down as much as 5.7% to about $51,837, just above the low of $51,707 reached Sunday. "
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