Steem Cryptocurrency is currently on bearish momentum by 32.99% in the last 7 days. At 19:18 EST on Thursday, 22 April, Steem is at $0.78.
About Steem’s daily highs and lows, it’s 0.24% up from its trailing 7 days low of $0.78 and 38.92% down from its trailing 7 days high of $1.28.
Currently, Steem has 13451 Twitter followers and 3933 Reddit subscribers.
As of now, on Github, there are 782 forks, 1889 stars, and 236 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Steem’s crypto is considered to be overbought (>=80).
News about Bitcoin
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. "
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.", "It’s likely traders including Commodity Trading Advisers (CTAs) and crypto funds were at least partly behind the buildup of long Bitcoin futures in recent weeks, as well as the unwind in past days, they said."
Cathie wood’s ARK has Bitcoin and solar backwards. According to Bloomberg Quint on Thursday, 22 April, "There is theexistential question of what the actual utility of Bitcoin really is, beyond giving certain social media accounts something to focus on. ", "If anything, Bitcoin might be a useful adjunct for a dispatchable, low-carbon power source suffering from persistently high costs …nuclear Bitcoin, anyone?"
More news about Steem.