VeChain (VET-USD) Cryptocurrency is currently on bearish momentum by 54.53% in the last 14 days. At 00:20 EST on Sunday, 23 May, VeChain (VET-USD) is at $0.10.
VeChain (VET-USD) Range
About VeChain’s daily highs and lows, it’s 28.65% up from its trailing 14 days low of $0.08 and 57.12% down from its trailing 14 days high of $0.24.
Currently, VeChain (VET-USD) has 351329 Twitter followers and 175289 Reddit subscribers.
As of now, on Github, there are 185 forks, 652 stars, and 155 subscribers.
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.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, VeChain’s crypto is considered to be overbought (>=80).
News about Bitcoin
Crypto ‘recipe for disaster’ keeps Bitcoin, ether under pressure. According to Bloomberg Quint on Thursday, 20 May, “The caution from China and potential regulation by the U.S. are leading to uncertainty that “could cap digital assets in the near term, even resulting in a retest or a modest undercut of the lows in Bitcoin and Ether,” said Julian Emanuel a strategist at BTIG LLC.”, “If Bitcoin closes under $40,000 this evening, we will see another leg lower and a probable retest of $30,000 again.”
Sec’s peirce says Bitcoin ETF approval by U.S. is long overdue. According to Bloomberg Quint on Friday, 21 May, “In a May 11 statement that warned of risks for mutual funds that invest in Bitcoin futures, the SEC called the world’s biggest cryptocurrency “highly speculative.”, “Traders have speculated that Gary Gensler, who took over as SEC chairman last month, will be amicable to clearing the way for a Bitcoin ETF because he taught courses on digital assets at the Massachusetts Institute of Technology.”
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