ZKSwap (ZKS-USD) Cryptocurrency is currently on bearish momentum by 25.17% in the last 7 days. At 01:25 EST on Sunday, 16 May, ZKSwap (ZKS-USD) is at $1.69.
ZKSwap (ZKS-USD) Range
Concerning ZKSwap’s daily highs and lows, it’s 13.42% up from its trailing 7 days low of $1.49 and 24.22% down from its trailing 7 days high of $2.23.
Currently, ZKSwap (ZKS-USD) has 18350 Twitter followers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, ZKSwap’s crypto is considered to be overbought (>=80).
News about Bitcoin
Musk’s Bitcoin concerns sink crypto-linked stocks. According to Bloomberg Quint on Thursday, 13 May, "Bitcoin plunged as much as 15%, sinking to as low as $46,045 after Musk said he was worried over the "rapidly increasing use of fossil fuels for Bitcoin mining and transactions," and suspended Tesla purchases with the asset, indicating he might favor other cryptocurrencies with much lower energy usage.", "Musk’s move is a step in the wrong direction for Bitcoin bulls as well as for stock investors betting on the digital currency. "
What crypto insiders think about Elon Musk’s Bitcoin u-turn. According to Bloomberg Quint on Thursday, 13 May, "This may be the selloff that sets Bitcoin up for new all-time highs," said David Grider of Fundstrat Global Advisors LLC. ", "We think the news is overblown and wouldn’t be surprised if Tesla is signaling plans to make crypto ‘greener.’" In a note Wednesday, Grider said Bitcoin has been consolidating for months as its market dominance has waned, but he’s still bullish, with a target of $100,000."
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."
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