Celo Cryptocurrency Bearish By 7% In The Last 6 Hours
Celo (CELO-USD) Cryptocurrency is currently on bearish momentum by 7.66% in the last 6 hours. At 06:48 EST on Sunday, 20 June, Celo (CELO-USD) is at $2.22.
Volume
Today’s last reported volume for Celo is 12063359 which is 77.36% below its average volume of 53285144.77.
All TIme High and Low
Celo’s current value is at $2.22 which is 69.58% below its all time high of $7.32 at Tuesday, 18 May.
Celo’s current value is at $2.22 which is 178.26% above its all time low of $7.32 at Friday, 22 May.
Market Cap and Supply
Celo’s current market cap is at 261834479
Social Status
Currently, Celo (CELO-USD) has 31279 Twitter followers.
As of now, on Github, there are 84 forks, 277 stars, and 62 subscribers.
Volatility
Celo’s last week, last month’s, and last quarter’s current volatility was a negative 1.58%, a negative 1.04%, and a positive 6.68%, respectively.
Celo’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 2.17% (last week), 9.23% (last month), and 6.68% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Celo’s crypto is considered to be overbought (>=80).
News about Bitcoin
Danske bank keeps Bitcoin ban despite rising client interest. According to Bloomberg Quint on Friday, 18 June, “Danske Bank A/S said it will maintain a ban preventing the trading of Bitcoin and other cryptocurrencies on its platforms, despite clear interest from clients to experiment with such assets.”, “And it listed carbon emissions from the vast computer power needed to mine Bitcoin as a further reason to adopt a “very cautious approach” toward such assets.”
Novogratz’s galaxy provides liquidity on goldman Bitcoin futures. According to Bloomberg Quint on Friday, 18 June, “Despite recent market volatility, with Bitcoin still down about 40% since an all-time-high in mid-April, Galaxy is seeing as many inbound calls, he said.”, “will serve as a liquidity provider on Bitcoin futures for Goldman Sachs Group Inc. as the securities firm re-enters the cryptocurrency markets.”
According to Business Insider on Friday, 18 June, “Other countries will follow El Salvador’s lead for two main reasons, making bitcoin legal tender will attract Bitcoin entrepreneurs and ease the burden of sending money internationally.” Edward Moya, senior market analyst at OANDA told Insider.”
Is Bitcoin an investable asset class? Goldman Sachs analysts are divided over this. According to FX Empire on Friday, 18 June, “Last year, the Bitcoin published a presentation detailing reasons why it thinks Bitcoin is not an investable asset class.”, “The investment bank has changed its decisions on Bitcoin numerous times over the past few years. “
More news about Celo (CELO-USD).
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