Monero Cryptocurrency is currently on bullish momentum by 48.07% in the last 14 days. At 13:25 EST on Thursday, 22 April, Monero is at $383.62.
About Monero’s daily highs and lows, it’s 44.03% up from its trailing 14 days low of $266.35 and 9.12% down from its trailing 14 days high of $422.10.
Currently, Monero has 392595 Twitter followers and 212307 Reddit subscribers.
As of now, on Github, there are 2813 forks, 5684 stars, and 485 subscribers.
Monero’s last week, last month’s, and last quarter’s current volatility was 261.99%, 261.99%, and 261.99%, respectively.
Monero’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 261.99% (last week), 261.99% (last month), and 261.99% (last quarter), respectively.
News about Bitcoin
Asian stocks hit one-month highs, Bitcoin climbs. According to FX Empire on Monday, 19 April, “The retreat in Bitcoin also comes after Turkey’s central bank banned the use of cryptocurrencies for purchases on Friday.”
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, “Even for us, the USDT volumes grew nearly five-fold to $3 million in April compared to last year, as many of our traders liquidated their Bitcoin holdings and converted them into stablecoins,” said Sathvik Vishwanath, founder and chief executive of Unocoin, one of the oldest crypto exchanges in India.”, “This was double the growth in Bitcoin volumes for Bitex, which grew three-times year-on-year in April.”
JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, “In those three previous instances, the overall flow impulse was strong enough to allow Bitcoin to quickly break out above the key thresholds, yielding further buildups in position by momentum traders, JPMorgan noted.”, “Over the past few days Bitcoin futures markets experienced a steep liquidation in a similar fashion to the middle of last February, middle of last January or the end of last November,” the strategists said. “
What Elon Musk and jack dorsey are missing about Bitcoin and green energy. According to Bloomberg Quint on Thursday, 22 April, “Research from the Centre for Alternative Finance shows that Bitcoin mining is dominated by China, a country currently driving a boom in new coal plants. “, “A bank would probably want to charge a higher interest rate on a project that plans to sell power to a Bitcoin miner than it would if the customer were Google.”
More news about Monero.