IOTA (MIOTA-USD) Cryptocurrency Negative Momentum With A 48% Drop In The Last 14 Days

IOTA (MIOTA-USD) Cryptocurrency is currently on bearish momentum by 48.44% in the last 14 days. At 21:08 EST on Wednesday, 19 May, IOTA (MIOTA-USD) is at $1.04.

IOTA (MIOTA-USD) Range

About IOTA’s daily highs and lows, it’s 8.33% up from its trailing 14 days low of $0.96 and 56.3% down from its trailing 14 days high of $2.38.

Social Status

Currently, IOTA (MIOTA-USD) has 187548 Twitter followers and 133743 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.


Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, IOTA’s crypto is considered to be overbought (>=80).

News about Bitcoin

Crypto’s nouveau riche lament sudden losses as Bitcoin tumbles. According to Bloomberg Quint on Wednesday, 19 May, “With Bitcoin in freefall, many of the newcomers who helped power the cryptocurrency to stratospheric levels this year are also some of the loudest about getting burned.”, “In a display of angst, users posted memes and GIFs on Twitter and other social media platforms as Bitcoin plunged 31% at one point to around $30,000, its worst one-day decline since it traded under $1,000 in December 2013.”

Bitcoin rally was so huge it was worth the risk-adjusted twists. According to Bloomberg Quint on Wednesday, 19 May, “Still, Chris Grisanti, chief equity strategist at MAI Capital Management, said that it’s difficult to determine whether Bitcoin is truly a superior investment.”, “As scary as the sudden wipeout is, the gains have been so enormous that — even adjusted for risk — Bitcoin has done way better than other major assets.”

The big difference between Bitcoin and myspace. According to Bloomberg Quint on Monday, 17 May, “For one thing, because Bitcoin was the first of the cryptocurrencies, it will be a mathematical impossibility for another crypto to be around longer. “, “And now my co-host Tracy Alloway has written about how Bitcoin could be the next AOL or MySpace. “

Bitcoin plunges below $33,000 and a key level, chart shows. According to Bloomberg Quint on Wednesday, 19 May, “The rout for the largest cryptocurrency continued on Wednesday, with Bitcoin erasing all of its gains since Tesla Inc.’s Feb. 8 announcement that it would use corporate cash to buy the asset and accept it as a form of payment for its vehicles — only for founder Elon Musk to reverse course. “

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