Bitcoin SV (bsv-usd) Cryptocurrency is currently on bearish momentum by 25.03% in the last 7 days. At 22:40 EST on Thursday, 13 May, Bitcoin SV (bsv-usd) is at $314.59.
Bitcoin SV (bsv-usd) Range
About Bitcoin SV’s daily highs and lows, it’s 8.31% up from its trailing 7 days low of $290.44 and 25.18% down from its trailing 7 days high of $420.48.
Bitcoin SV’s last week, last month’s, and last quarter’s current volatility was 303.72%, 303.72%, and 303.72%, respectively.
Bitcoin SV’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 303.72% (last week), 303.72% (last month), and 303.72% (last quarter), respectively.
News about Bitcoin
Crypto fund pantera says Bitcoin energy concern to impact market. According to Bloomberg Quint on Thursday, 13 May, “On Thursday, he reiterated his belief that Bitcoin could still double in the next five to six months, reaching $115,000 by August. “, “There’s a point to think about how renewable the resources are that are used to process transactions on the Bitcoin brand blockchain, but it’s important to remember Bitcoin is only one of the many blockchains,” he said.”
Bitcoin isn’t behaving as an inflation hedge. its move still makes sense. According to Bloomberg Quint on Wednesday, 12 May, “In addition to Bitcoin selling off, we’re seeing tech get hammered (down 2%) and the real speculative stuff like the ARKK exchange-traded fund down over 3%. “, “Of course, gold, highly speculative tech, and Bitcoin all have something in common, which is that they don’t generate cash flow in the here and now. “
Ark financial’s crypto expert sees dogecoin washout, Bitcoin rivaling gold. According to Bloomberg Quint on Wednesday, 12 May, “Tokens outside of Bitcoin — which has pulled back from a record set in April — have driven the expansion recently. “, “Ark invests in cryptocurrencies through vehicles such as the Grayscale Bitcoin Trust and via listed firms with exposure to the sector, like crypto exchange Coinbase Global Inc. Elmandjra said Ark also uses proprietary alternative strategies.”
Musk splits from cathie wood’s ark on Bitcoin environmental cost. According to Bloomberg Quint on Thursday, 13 May, “The billionaire’s about-face came just three weeks after he appeared to endorse research from Cathie Wood’s Ark Investment Management LLC asserting that Bitcoin mining could end up being good for the planet by incentivizing renewable power.”, “While Musk expressed concern about the “rapidly increasing” use of fossil fuels for cryptocurrency mining, he said Tesla won’t be selling any of its Bitcoin holdings and the company will resume accepting it for payments as soon as mining becomes more sustainable. “
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