Terra Cryptocurrency is currently on bullish momentum by 12.89% in the last 6 hours. At 11:05 EST on Thursday, 22 April, Terra is at $15.33.
Currently, Terra has 58138 Twitter followers.
Terra’s last week, last month’s, and last quarter’s current volatility was 8.46%, 8.46%, and 8.46%, respectively.
Terra’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 8.46% (last week), 8.46% (last month), and 8.46% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Terra’s crypto is considered to be overbought (>=80).
News about Bitcoin
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "Even for us, the USDT volumes grew nearly five-fold to $3 million in April compared to last year, as many of our traders liquidated their Bitcoin holdings and converted them into stablecoins," said Sathvik Vishwanath, founder and chief executive of Unocoin, one of the oldest crypto exchanges in India.", "This was double the growth in Bitcoin volumes for Bitex, which grew three-times year-on-year in April."
Crypto stock mania tested by sliding prices, Bitcoin slump. According to Bloomberg Quint on Monday, 19 April, "The public market validation of Bitcoin and the entire space from Coinbase’s listing will encourage people who can invest in the markets to do so," said Jehan Chu, managing partner at crypto adviser Kenetic Capital in Hong Kong. ", "A global, Bloomberg-curated basket of equities linked to crypto trading or Bitcoin mining fell some 9% over the past week, paring 2021’s climb to about 130%. "
Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, "Square Inc., which Wood cited in a Twitter post as collaborating on the research, has been buying Bitcoin and says crypto is a growing part of its business through the use of its Cash App for Bitcoin transactions.", "With the largest cryptocurrency in the mix, energy providers could play the arbitrage between electricity prices and Bitcoin prices, as well as sell surplus solar — and supply almost all grid power demands without lowering profitability, they said."
Asian stocks hit one-month highs, Bitcoin climbs. According to FX Empire on Monday, 19 April, "The retreat in Bitcoin also comes after Turkey’s central bank banned the use of cryptocurrencies for purchases on Friday."
More news about Terra.