IOTA (MIOTA-USD) Cryptocurrency Bearish Momentum With A 46% Slide In The Last 14 Days

IOTA (MIOTA-USD) Cryptocurrency is currently on bearish momentum by 46.29% in the last 14 days. At 00:06 EST on Wednesday, 26 May, IOTA (MIOTA-USD) is at $1.12.

IOTA (MIOTA-USD) Range

Regarding IOTA’s daily highs and lows, it’s 57.75% up from its trailing 14 days low of $0.71 and 48.62% down from its trailing 14 days high of $2.18.

Social Status

Currently, IOTA (MIOTA-USD) has 189229 Twitter followers and 134715 Reddit subscribers.

Volatility

IOTA’s last week, last month’s, and last quarter’s current volatility was a negative 5.32%, a negative 1.47%, and a positive 5.04%, respectively.

IOTA’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 6.23% (last week), 5.80% (last month), and 5.04% (last quarter), respectively.


News about Bitcoin

Bridgewater’s ray dalio says he prefers Bitcoin to bonds. According to Bloomberg Quint on Monday, 24 May, “Ray Dalio, founder of Bridgewater Associates, said he would rather own Bitcoin than a bond.”, “The hedge fund manager has previously called Bitcoin “one hell of an invention” and that he found it challenging to put a value on digital assets since investing in Bitcoin means recognizing the potential to lose about 80%.”

Bitcoin slips below $38,000 in a retreat from Monday’s rally. According to Bloomberg Quint on Monday, 24 May, “Musk and Michael Saylor, another long-time Bitcoin booster, tweeted Monday that they had held a call with major North American miners, including Michael Novogratz’s Galaxy Digital and publicly traded Hut 8 Mining Corp., to discuss “energy usage transparency.”, “Miners use hundreds of computers that run around the clock to verify Bitcoin transactions in exchange for new coins.”

Bitcoin punctuates wild week with a fresh bout of volatility. According to Bloomberg Quint on Sunday, 23 May, “The turbulent stretch began after Musk said Tesla would no longer accept Bitcoin as payment for its electric vehicles, citing the coin’s intensive energy use. “, “China has long expressed displeasure with the anonymity provided by Bitcoin and other crypto tokens. “

More news about IOTA (MIOTA-USD).