UTRUST (UTK-USD) Cryptocurrency is currently on bearish momentum by 25.19% in the last 7 days. At 07:23 EST on Monday, 17 May, UTRUST (UTK-USD) is at $0.55.
UTRUST (UTK-USD) Range
Concerning UTRUST’s daily highs and lows, it’s 10.63% up from its trailing 7 days low of $0.50 and 29.08% down from its trailing 7 days high of $0.78.
Currently, UTRUST (UTK-USD) has 75317 Twitter followers and 3897 Reddit subscribers.
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
Bitcoin nurses losses as musk’s spats on twitter whipsaw token. According to Bloomberg Quint on Monday, 17 May, "He lopped nearly $10,000 off the price of Bitcoin in hours last Wednesday after saying Tesla would no longer accept it as payment for cars. ", "Responding to another thread criticizing his Bitcoin stance, Musk said: "Obnoxious threads like this make me want to go all in on Doge."
Scaramucci calls Bitcoin crypto’s ‘apex predator,’ defends drop. According to Bloomberg Quint on Saturday, 15 May, "Even with growing prominence of altcoins, Bitcoin has been able to "maintain its supremacy as the apex predator in digital currency," he said.", "Dorsey was responding to a tweet from Square’s Chief Financial Officer Amrita Ahuja, who said the financial payments company’s Bitcoin strategy hasn’t changed and "we’re deeply committed to this community, including working towards a greener future through our Bitcoin Clean Energy Initiative."
Crypto stocks rebound after $6.1 billion swoon as Bitcoin churns. According to Bloomberg Quint on Friday, 14 May, "The gains comes as Bitcoin climbs back from a slide of more than 15% on Thursday. ", "Elon Musk’s stunning tweet late Wednesday triggered the free-fall for Bitcoin as the billionaire brought concerns surrounding the energy usage of the mining required for the currency to light and forced Wall Street to grapple with an uncertain outlook. "
Musk implies Tesla May sell or has sold Bitcoin holdings. According to Bloomberg Quint on Sunday, 16 May, "Elon Musk implied in a Twitter exchange on Sunday that Tesla Inc. may sell or has sold its Bitcoin holdings.", "On May 12, Musk tweeted that while the company was suspending Bitcoin for car purchases, it wouldn’t be selling any Bitcoin."
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