Synthetix Network Token (SNX-USD) Cryptocurrency is currently on bearish momentum by 13.51% in the last 6 hours. At 21:15 EST on Thursday, 10 June, Synthetix Network Token (SNX-USD) is at $8.88.
Today’s last reported volume for Synthetix Network Token is 112210999 which is 43.24% below its average volume of 197690561.42.
All TIme High and Low
Synthetix Network Token’s current value is at $8.88 which is 67.32% below its all time high of $28.53 at Sunday, 14 February.
Synthetix Network Token’s current value is at $8.88 which is 26700.9% above its all time low of $28.53 at Sunday, 6 January.
Market Cap and Supply
Synthetix Network Token’s current market cap is at 1392846189. Total supply is at 228,011,367.99, maximum supply is at 228,011,367.99, and circulating supply is at 155,319,510.05.
Currently, Synthetix Network Token (SNX-USD) has 134303 Twitter followers and 6806 Reddit subscribers.
As of now, on Github, there are 254 forks, 484 stars, and 57 subscribers.
Synthetix Network Token’s last week, last month’s, and last quarter’s current volatility was a negative 1.38%, a negative 0.77%, and a positive 6.25%, respectively.
Synthetix Network Token’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.92% (last week), 9.61% (last month), and 6.25% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Synthetix Network Token’s crypto is considered to be overbought (>=80).
News about Bitcoin
Bitcoin slumps toward levels last seen in May’s crypto selloff. According to Bloomberg Quint on Tuesday, 8 June, "The U.S. recovered almost all the Bitcoin ransom paid to the perpetrators of the cyber attack on Colonial last month in a sign that law enforcement is capable of pursuing online criminals even when they operate outside the nation’s borders.", "The FBI was able to find the Bitcoin by uncovering the digital addresses the hackers used to transfer the funds, according to an eight-page seizure warrant released by the Justice Department on Monday."
Bitcoin climbs as regulators propose banking capital rules. According to Bloomberg Quint on Thursday, 10 June, "The market got a brief lift on Wednesday, rallying 8% on the day, after El Salvador became the first country to formally adopt Bitcoin as legal tender."
Bitcoin put in highest risk category in bank capital plan. According to Bloomberg Quint on Thursday, 10 June, "Banks will face the toughest capital requirements for holdings in Bitcoin and other cryptoassets under global regulators’ plans to ward off threats to financial stability from the volatile market.", "The panel proposed that a 1,250% risk weight be applied to a bank’s exposure to Bitcoin and certain other cryptocurrencies. "
IMF sees risks after El Salvador makes Bitcoin legal tender. According to Bloomberg Quint on Thursday, 10 June, "Adoption of Bitcoin as legal tender raises a number of macroeconomic, financial and legal issues that require very careful analysis so we are following developments closely and will continue our consultation with authorities," Rice said, speaking in Washington. ", "The plans for Bitcoin under an increasingly autocratic regime will likely only compound concerns about corruption, money laundering and the independence of regulatory agencies," Siobhan Morden, head of Latin America Fixed Income Strategy at Amherst Pierpont, wrote in a note."
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