2021-03-15 09:14:29

Dogecoin USD (DOGE-USD) On Bearish Momentum: 5.16% Down In The Last 6 Hours

Dogecoin USD (DOGE-USD) is currently on bearish momentum. At 05:13 EST on Monday, 15 March, Dogecoin USD (DOGE-USD) is at $0.06 and down by 5.16% in the last 6 hours.

Dogecoin USD (DOGE-USD) Range

Over the last six hours, Dogecoin USD (DOGE-USD)’s higher value was $0.06 and the lower value was $0.06.

Over the last twelve hours, Dogecoin USD (DOGE-USD)’s higher value was $0.06 and the lower value was $0.06.

Concerning Dogecoin USD (DOGE-USD)’s daily highs and lows, it’s 6.333% down from its trailing 24-hour low of $0.06 and 6.333% down from its trailing 24-hour high of $0.06.

Regarding Dogecoin USD (DOGE-USD)’s yearly highs and lows, it’s 3646.667% up from its 52-week low and 33.804% down from its 52-week high.

Volatility

Dogecoin USD (DOGE-USD)’s last day, last week, and last month’s average volatility was 6.48%, 7.10%, and 6.24%, respectively.

Dogecoin USD (DOGE-USD)’s last day, last week, and last month’s high and low average amplitude percentage was 7.68%, 9.73%, and 12.75%, respectively.

News about Bitcoin

Bitcoin intraday trading pattern emerges as institutions pile in. According to Bloomberg Quint on Friday, 12 March, “China accounts for about 65% of global Bitcoin mining computing power, according to the Bitcoin Electricity Consumption Index compiled by Cambridge University. “, “Microstrategy Inc., of course, is the company led by Michael Saylor that’s converting its cash into Bitcoin and now holds more than $4 billion of it. “

Bitcoin hoard fuels one of the world’s biggest crypto fortunes. According to Bloomberg Quint on Friday, 12 March, “That is the environment that led us to decide we should consider Bitcoin as a treasury reserve asset.”, “The move has resulted in MicroStrategy becoming a dual-purpose company: part software maker, part Bitcoin investor. “

Bitcoin snaps five-day rally after flirting with record high. According to Bloomberg Quint on Friday, 12 March, “While some say that Bitcoin is a stimulus-fueled bubble likely to burst, industry participants argue that institutional adoption will prevent Bitcoin from plummeting from its highs as was witnessed in 2017-2018.”

According to Business Insider on Sunday, 14 March, “Canada’s Purpose Bitcoin ETF, the first to launch, had 913 million Canadian dollars ($731 million) under management on 11 March.”, “Guggenheim disclosed in an SEC filing that its Macro Opportunities Fund held the right to invest up to 10% of its net asset value in Grayscale Bitcoin Trust.”

Bitcoin dips from record after scaling $61,000 aided by stimulus. According to Bloomberg Quint on Monday, 15 March, “The fortunes of a range of companies are increasingly tied to the cryptocurrency, from listed Bitcoin miners and brokers to firms that have invested in the token.”, “The lively debate about whether it’s even possible to work out an intrinsic value for Bitcoin as well as the scope for more stimulus-fueled gains continues apace. “

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