TomoChain Cryptocurrency is currently on bearish momentum by 40.07% in the last 7 days. At 18:23 EST on Friday, 23 April, TomoChain is at $1.96.
Regarding TomoChain’s daily highs and lows, it’s 8.89% up from its trailing 7 days low of $1.80 and 42.01% down from its trailing 7 days high of $3.38.
Currently, TomoChain has 45477 Twitter followers and 2081 Reddit subscribers.
As of now, on Github, there are 43 forks, 73 stars, and 18 subscribers.
TomoChain’s last week, last month’s, and last quarter’s current volatility was 3.30%, 3.30%, and 3.30%, respectively.
TomoChain’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 3.30% (last week), 3.30% (last month), and 3.30% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, TomoChain’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, "It keeps getting worse for holders of the Grayscale Bitcoin Trust, which is now trading at a record discount to the value of the digital assets it holds.", "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."
According to Business Insider on Friday, 23 April, "Meanwhile, Bitcoin slid below $50,000 on Friday, and simultaneous drops in other digital currencies erased $260 billion off the total value of the cryptocurrency market.", "The survey found that 55% of Bitcoin traders across Coinbase, PayPal, and Cash App consider low transaction fees as the second most important quality of crypto trading app platforms, right behind security."
Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, "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.", "We believe that the opposite is true: a world with Bitcoin is a world that, at equilibrium, generates more electricity from renewable carbon-free sources."
More news about TomoChain.