(VIANEWS) – UTRUST (UTK-USD) cryptocurrency is currently on bearish momentum by 31.39% in the last 24 hours. At 14:30 EST on Wednesday, 11 May, UTRUST (UTK-USD) is at $0.1161.
Today’s last reported volume for UTRUST is 9972514, 41.09% below its average volume of 16930190.36.
All-Time High and Low
UTRUST’s current value is at $0.12, 90.19% below its all-time high of $1.18 on Tuesday, 9 January.
UTRUST’s current value is at $0.12, 2049.2% above its all time low of $1.18 on Friday, 13 March.
Market Cap and Supply
UTRUST’s current market cap is at 54263090. The total supply is 500,000,000.00, maximum supply is 500,000,000.00, and the circulating supply is 470,000,000.00.
UTRUST (UTK-USD) Range
Regarding UTRUST’s daily highs and lows, it’s 3.28% down from its trailing 24 hours low of $0.1200 and 31.73% down from its trailing 24 hours high of $0.1700.
Currently, UTRUST (UTK-USD) has 105600 Twitter followers and 4355 Reddit subscribers.
UTRUST’s last week, last month’s, and last quarter’s current intraday variation average was a negative 4.46%, a negative 1.46%, and a positive 4.38%, respectively.
UTRUST’s highest amplitude of average volatility was 6.64% (last week), 4.28% (last month), and 4.38% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, UTRUST’s crypto is considered to be overbought (>=80).
News about Bitcoin
- According to CNBC on Wednesday, 11 May, "Turning the Grayscale Bitcoin Trust into a NYSE-traded ETF would broaden access to bitcoin and enhance protections while unlocking up to $8 billion in value for investors, according to a 24-page presentation obtained by CNBC."
- Btc/usd forecast: Bitcoin stabilizes on Tuesday – 11 May 2022. According to DailyForex on Wednesday, 11 May, "On the other hand, if there is less likelihood of an aggressive Federal Reserve after the CPI figure, a falling US dollar might allow Bitcoin to rally a bit.", "The CPI numbers coming out of America during the trading session on Wednesday could be the next catalyst because it could drive the US dollar much higher, which would work against Bitcoin in general. "
- Btc/usd forecast: Bitcoin has relatively quiet Friday – 09 May 2022. According to DailyForex on Monday, 9 May, "Nonetheless, Bitcoin still looks rather negative in general, especially as the US dollar has been so strong. ", "As there is a severe lack of risk appetite, I fully suspect that Bitcoin could break down and enter the markets into what is known as a "crypto winter." The size of the candlestick from Thursday certainly suggests that we are going to continue going lower. "
- Bitcoin drops below $35,000 over the weekend, extending Friday's losses. According to CNBC on Sunday, 8 May, "This year, Bitcoin has been trading in a narrow range as it attempts to reclaim its highs of late 2021."
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