(VIANEWS) – THORChain (RUNE-USD) Cryptocurrency is currently on bullish momentum by 33.42% in the last 7 days. At 21:15 EST on Thursday, 21 October, THORChain (RUNE-USD) is at $10.2400.
Today’s last reported volume for THORChain is 186031084, 77.49% above its average volume of 104808540.2.
All-Time High and Low
THORChain’s current value is at $10.24, 51.12% below its all-time high of $20.87 on Wednesday, 19 May.
THORChain’s current value is at $10.24, 119718.07% above its all time low of $20.87 on Saturday, 28 September.
Market Cap and Supply
THORChain’s current market cap is at 2712786761. The total supply is 500,000,000.00, maximum supply is 500,000,000.00, and the circulating supply is 262,741,792.92.
Currently, THORChain (RUNE-USD) has 117868 Twitter followers and 7632 Reddit subscribers.
THORChain’s last week, last month’s, and last quarter’s current volatility was 2.73%, 1.05%, and 6.61%, respectively.
THORChain’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 4.97% (last week), 5.04% (last month), and 6.61% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, THORChain’s crypto is considered to be oversold (<=20).
News about Bitcoin
- JPMorgan warns boom for Bitcoin futures etfs May come at a cost. According to Bloomberg Quint on Thursday, 21 October, "But after just two days of trading, JPMorgan Chase & Co. strategists warn pent-up demand for Bitcoin exchange traded-funds risks distorting the futures market — ramping up ETF investors’ costs along the way.", "That means the carry cost for a Bitcoin futures-based ETF could already be several times larger than the product’s management fees, according to JPMorgan. "
- Dogecoin leads major-crypto pack, Bitcoin faces profit-taking test and ethereum sits on the sideline. According to Benzinga on Tuesday, 19 October, "The current exuberance is due to the approval of the ProShares Bitcoin Strategy ETF by the U.S. Securities and Exchange Commission, which is due to go live on Tuesday.", "Meanwhile, the majority of long-term holders of Bitcoin are now sitting on profits, as per a Glassnode blog."
- Bitcoin futures ETF opens with gain and explosive trading volume. According to Bloomberg Quint on Tuesday, 19 October, "Meanwhile, Grayscale Investments LLC and the New York Stock Exchange filed to convert the world’s biggest Bitcoin fund, ticker GBTC, into an ETF, appealing to regulators for approval just as its wildly popular vehicle is beset with competition.", "Meanwhile, Bitcoin gained as much as 3.1% to trade around $63,274, slightly below its April record highs of just under $65,000."
- New all time high for Bitcoin – BTC 66k. According to Benzinga on Wednesday, 20 October, "The chart below compares the price movement and volatility for Bitcoin over the past 24 hours (left) to its price movement over the past week (right). ", "If you are interested in purchasing Bitcoin or want to learn more about it, follow this link to Benzinga Money. "
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