Polkadot Cryptocurrency is currently on bearish momentum by 25.84% in the last 7 days. At 06:48 EST on Saturday, 24 April, Polkadot is at $30.79.
Regarding Polkadot’s daily highs and lows, it’s 10.32% up from its trailing 7 days low of $27.91 and 34.27% down from its trailing 7 days high of $46.84.
Currently, Polkadot has 317393 Twitter followers and 22801 Reddit subscribers.
Polkadot’s last week, last month’s, and last quarter’s current volatility was 38.36%, 38.36%, and 38.36%, respectively.
Polkadot’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 38.36% (last week), 38.36% (last month), and 38.36% (last quarter), respectively.
Other News About Polkadot
According to FX Empire on Wednesday, 21 April, “Bitcoin Cash SV (+2.95%) and Polkadot (+0.59%), trailed the front runners, however.”
News about Bitcoin
Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, “All else equal, with Bitcoin mining, we believe renewable energy should be able to provision a large percentage of any locality’s power economically,” the post said. “, “With the largest cryptocurrency in the mix, energy providers could play the arbitrage between electricity prices and Bitcoin prices, as well as sell surplus solar — and supply almost all grid power demands without lowering profitability, they said.”
According to Business Insider on Friday, 23 April, “Meanwhile, Bitcoin slid below $50,000 on Friday, and simultaneous drops in other digital currencies erased $260 billion off the total value of the cryptocurrency market.”, “The survey found that 55% of Bitcoin traders across Coinbase, PayPal, and Cash App consider low transaction fees as the second most important quality of crypto trading app platforms, right behind security.”
JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, “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. “, “It’s likely traders including Commodity Trading Advisers (CTAs) and crypto funds were at least partly behind the buildup of long Bitcoin futures in recent weeks, as well as the unwind in past days, they said.”
Largest Bitcoin fund dives to record discount amid crypto swoon. According to Bloomberg Quint on Friday, 23 April, “The $35 billion fund (ticker GBTC) has lost roughly a fifth of its value since last Friday while Bitcoin tumbled from record highs. “, “Owners of the trust must find buyers in the secondary market if they want to sell, which can exacerbate the discount with the price of Bitcoin falling. “
What Elon Musk and jack dorsey are missing about Bitcoin and green energy. According to Bloomberg Quint on Thursday, 22 April, “I don’t know how you’d assess the risk profile of a Bitcoin mining operation,” said Albert Cheung, head of analysis at BNEF. “, “A trio of Jack Dorsey, Cathie Wood and Elon Musk are promoting the idea that Bitcoin mining can be good for the planet actually. “
More news about Polkadot.