2021-03-13 20:09:25

Dogecoin USD (DOGE-USD) On Bullish Momentum: 8.6% Up In The Last 12 Hours

Dogecoin USD (DOGE-USD) is currently on bullish momentum. At 15:08 EST on Saturday, 13 March, Dogecoin USD (DOGE-USD) is at $0.06 and up by 8.6% in the last 12 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 21.2% up from its trailing 24-hour low of $0.05 and 1% up from its trailing 24-hour high of $0.06.

About Dogecoin USD (DOGE-USD)’s yearly highs and lows, it’s 3940% up from its 52-week low and 28.622% down from its 52-week high.

Volatility

Dogecoin USD (DOGE-USD)’s last day, last week, and last month’s average volatility was 1.08%, 5.05%, and 5.77%, respectively.

Dogecoin USD (DOGE-USD)’s last day, last week, and last month’s high and low average amplitude percentage was 4.59%, 7.94%, and 12.93%, respectively.

News about Bitcoin

Bitcoin breaks through $55,000 as risk appetite revives. According to Bloomberg Quint on Wednesday, 10 March, “Growing talk of institutional interest in Bitcoin and the possibility that U.S. stimulus checks will bolster flows into financial markets are combining to lift cryptocurrencies. “, “In China, a lot of high net worth individuals have been inquiring on how to add Bitcoin to their portfolio.”

‘slam dunk’ Bitcoin arbitrage fizzles for biggest crypto fund. According to Bloomberg Quint on Wednesday, 10 March, “That means that as new accredited investors plowed into the fund and boosted outstanding GBTC to a record high, those shares are now exiting the lock-up period at a time when demand for Bitcoin is fluctuating.”, “One of the most popular arbitrage trades in cryptocurrencies is unraveling as the biggest Bitcoin fund’s once-hefty premium collapses.”

Firm behind biggest Bitcoin trust is hiring entire ETF team. According to Bloomberg Quint on Thursday, 11 March, “This played out just last month, as the first two North American Bitcoin ETFs began trading in Canada. “, “The race to launch the first Bitcoin ETF is heating up,” said Todd Rosenbluth, director of ETF research for CFRA Research. “

Bitcoin approaches record high as risk-on rally accelerates. According to Bloomberg Quint on Thursday, 11 March, “Industry participants, however, argue that the rise of institutional adoption will prevent that fate, especially Tesla Inc.’s $1.5 billion investment in Bitcoin and CEO Elon Musk’s endorsements of the digital asset on social media. “, “Billionaire investor Mike Novogratz, who runs Galaxy Digital Holdings Ltd., has said that Bitcoin could reach $100,000 by the end of the year.”

Bitcoin intraday trading pattern emerges as institutions pile in. According to Bloomberg Quint on Friday, 12 March, “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. “, “China accounts for about 65% of global Bitcoin mining computing power, according to the Bitcoin Electricity Consumption Index compiled by Cambridge University. “

Bitcoin hoard fuels one of the world’s biggest crypto fortunes. According to Bloomberg Quint on Friday, 12 March, “The move has resulted in MicroStrategy becoming a dual-purpose company: part software maker, part Bitcoin investor. “, “Saylor equated Bitcoin to a bank – that’s just ridiculous,” said Marc Lichtenfeld, chief income strategist at the Oxford Club, a financial-research firm that has no stake in MicroStrategy. “

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.”

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