(VIANEWS) – Velas (VLX) (VLX-USD) Cryptocurrency is currently on bullish momentum by 24.13% in the last 6 hours. At 08:25 EST on Tuesday, 2 November, Velas (VLX) (VLX-USD) is at $0.2514.

Volume

Today’s last reported volume for Velas (VLX) is 13388358, 206.21% above its average volume of 4372167.04.

All-Time High and Low

Velas (VLX)’s current value is at $0.25, 8.13% below its all-time high of $0.27 on Tuesday, 2 November.

Velas (VLX)’s current value is at $0.25, 1948.95% above its all time low of $0.27 on Wednesday, 16 October.

Market Cap and Supply

Velas (VLX)’s current market cap is 556668944.

Velas (VLX) (VLX-USD) Range

Regarding Velas (VLX)’s daily highs and lows, it’s 25.71% up from its trailing 6 hours low of $0.2000 and 6.88% down from its trailing 6 hours high of $0.2700.

Social Status

Currently, Velas (VLX) (VLX-USD) has 80640 Twitter followers.

Volatility

Velas (VLX)’s last week, last month’s, and last quarter’s current volatility was 6.97%, 1.48%, and 5.71%, respectively.

Velas (VLX)’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 10.20% (last week), 4.35% (last month), and 5.71% (last quarter), respectively.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Velas (VLX)’s crypto is considered to be oversold (<=20).

News about Bitcoin

  • Maturing Bitcoin means rallies with less volatility . According to Bloomberg Quint on Monday, 1 November, "Now it appears the gyrations are diminishing if you take a longer view, which Bloomberg Intelligence commodity strategist Mike McGlone attributes to a natural maturation and greater institutional adoption, including last month’s U.S. launch of the first Bitcoin futures exchange-traded funds. ", "During the largest cryptocurrency’s recent rise to an all-time high of almost $67,000, volatility measured over a 260-day period dropped to around 66, levels unseen since May, when Bitcoin dipped under $40,000."
  • Here's what microstrategy CEO and Bitcoin bull michael saylor says about shiba inu and dogecoin. According to Benzinga on Sunday, 31 October, "Last month Microstrategy emerged as the largest corporate holder of Bitcoin and during that time Saylor had said, "Bitcoin, as the world’s most widely-adopted cryptocurrency, is a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash.", "The companyheld approximately 114,042 Bitcoin as of Sept 12, acquired at an aggregate purchase price of $3.16 billion, paying an average of $27,713 per token."
  • Weakness in U.S. dollar could spark new parabolic rally for Bitcoin: justin bennett. According to Benzinga on Sunday, 31 October, "Related Link:Ethereum Reaches Blue Skies While Bitcoin Attempts A Break Out: What’s Next For The Cryptos?", "Bennett predicts that Bitcoin may consolidatesome more before finding a bottom around the $57,000 level."
  • Aaron rodgers will take part of NFL salary in Bitcoin in Square promo. According to Bloomberg Quint on Monday, 1 November, "NFL player Aaron Rodgers will receive a part of his salary in Bitcoin and give away $1 million of the cryptocurrency to fans as part of a promotion with Square-backed mobile payments service Cash App, he announced in a tweet."
  • How Bitcoin miners have reinvigorated this rural american town. According to Benzinga on Monday, 1 November, "Why It Matters: Rockdale hosts the largest U.S. Bitcoin mining facility, owned by Riot, which said that once the facility’sexpansion is completed, itwould have a total power capacity of 750 megawatts.", "What Happened: Rockdale, Texas - a town of 5,600 people - is home to two Bitcoin mining firms, Bitmain spinoff Bitdeer and Riot Blockchain Inc (NASDAQ:RIOT)."

More news about Velas (VLX) (VLX-USD).

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