VeChain (VET-USD) Cryptocurrency Down Momentum With A 19% Fall In The Last 24 Hours

VeChain (VET-USD) Cryptocurrency is currently on bearish momentum by 19.29% in the last 24 hours. At 18:31 EST on Friday, 21 May, VeChain (VET-USD) is at $0.11.

VeChain (VET-USD) Range

Concerning VeChain’s daily highs and lows, it’s 18.32% up from its trailing 24 hours low of $0.09 and 23.94% down from its trailing 24 hours high of $0.14.

Social Status

Currently, VeChain (VET-USD) has 349386 Twitter followers and 174323 Reddit subscribers.

As of now, on Github, there are 185 forks, 651 stars, and 155 subscribers.

Volatility

VeChain’s last week, last month’s, and last quarter’s current volatility was a negative 6.03%, a negative 1.91%, and a positive 6.50%, respectively.


VeChain’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 8.51% (last week), 6.77% (last month), and 6.50% (last quarter), respectively.

News about Bitcoin

Bitcoin chartists see selloff intensifying with $40,000 in focus. According to Bloomberg Quint on Tuesday, 18 May, “The momentum has now quite decisively shifted to the bears,” said Tallbacken Capital Advisors LLC Chief Executive Officer Michael Purves, who correctly predicted last month that Bitcoin would decline.”, “If Bitcoin breaks through that level, more losses are ahead, but if prices can hold above the support, then it might be the beginning of a new rally, Purves predicted.”

Bitcoin dips to lowest since February amid China crypto warning. According to Bloomberg Quint on Tuesday, 18 May, “When you combine this with the news out of China, it’s not a surprise that Bitcoin is seeing some more weakness.”, “A fall to that level would mark the first time since September that Bitcoin would test its average price over the past 200 days. “

Microstrategy is closest thing to Bitcoin for U.S. stocks. According to Bloomberg Quint on Thursday, 20 May, “The figure was the highest among 10 U.S. stocks linked to Bitcoin and its peers, including Coinbase Global Inc., which runs a marketplace for trading the currencies. “

Cathie wood buys more Tesla amid musk Bitcoin spat, burry shorts. According to Bloomberg Quint on Wednesday, 19 May, “Read more: Musk Splits From Cathie Wood’s Ark on Bitcoin Environmental CostSome of that retreat is likely down to Musk, who fueled a slump in the largest cryptocurrency after hitting out at the token’s high energy demands and reversing a decision to accept it as a form of payment.”, “With Ark a big proponent of Bitcoin and a believer in its green credentials, it’s all adding to recent drama in the world of speculative tech. “

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