EOS is currently on bearish momentum. At 08:03 EST on Tuesday, 29 December, EOS is at $2.65 and down by 7.17% in the last 24 hours.
EOS Range
Over the last six hours, EOS's higher value was $2.70 and the lower value was $2.64.
Over the last twelve hours, EOS's higher value was $2.73 and the lower value was $2.64.
About EOS's daily highs and lows, it's 0.379% up from its trailing 24-hour low of $2.64 and 7.986% down from its trailing 24-hour high of $2.88.
Regarding EOS's yearly highs and lows, it's 81.11% up from its 52-week low and 51.603% down from its 52-week high.
Volatility
EOS's last day, last week, and last month's average volatility was a positive 1.82%, a negative 1.13%, and a negative 0.33%, respectively.
EOS's last day, last week, and last month's high and low average amplitude percentage was 6.76%, 14.11%, and 7.98%, respectively.
News about Bitcoin
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, ""We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway," said Tyler Page, a business developer at Bitfury. ", "The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled."
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, ""What's happening now -- and it's happening faster than anyone could ever imagine -- is that Bitcoin is moving from a fringe esoteric asset to the mainstream," said Matt Hougan, chief investment officer of Bitwise Asset Management. ", "Janet Yellen, who's been nominated to serve as Treasury secretary in Biden's administration, has in recent years cautioned investors over Bitcoin, saying it was a "highly speculative asset" and "not a stable store of value." A representative didn't immediately return a request seeking comment."
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, "Bitcoin is on track for its longest monthly winning streak in more than a year after touching a record above $28,000 over the weekend.", "Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development."
Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Mon Dec 28, "Others question Bitcoin's validity as an investment and point to the digital currency's history of wild rallies followed by crashes.", "Edward Moya, senior market analyst at Oanda, says demand for Bitcoin is "relentless.""
Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Mon Dec 28, "The company anticipates this addition will increase the cost efficiency of bitcoin mining, and keep the Riot competitive as the available supply of mining hardwire becomes increasingly scarce.", "Marathon's gains come as the company announced its purchasing 70,000 bitcoin mining rigs called Antminers from Bitmain for $170 million. "
Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tue Dec 29, "Basing his analysis on another chart, which uses three disparate Bitcoin cycles, Newton said, "All those years where we had a stellar Q4 we reversed course in trend back in late December, early January, and actually went lower."", "See Also: MicroStrategy Now Holds 70,470 Bitcoin After Spending $1.1B in 2020"
Bitcoin looks to gain traction in payments. According to The Wall Street Journal on Tue Dec 29, "Despite those inroads, industry watchers say bitcoin must gain traction as a form of payment to become more ubiquitous. ", "Companies like Robinhood Markets Inc. and PayPal Holdings Inc. allowed their customers to buy and sell bitcoin."