EOS On Bearish Momentum: 5.56% Down In The Last 6 Hours

EOS is currently on bearish momentum. At 00:04 EST on Friday, 12 February, EOS is at $4.34 and down by 5.56% in the last 6 hours.

EOS Range

Over the last six hours, EOS’s higher value was $4.58 and the lower value was $4.34.

Over the last twelve hours, EOS’s higher value was $4.58 and the lower value was $4.34.

About EOS’s daily highs and lows, it’s 4.361% up from its trailing 24-hour low of $4.16 and 5.21% down from its trailing 24-hour high of $4.58.

Concerning EOS’s yearly highs and lows, it’s 196.706% up from its 52-week low and 19.813% down from its 52-week high.

Volatility

EOS’s last day, last week, and last month’s average volatility was 11.04%, 7.39%, and 3.84%, respectively.

EOS’s last day, last week, and last month’s high and low average amplitude percentage was 15.11%, 13.80%, and 8.49%, respectively.

News about Bitcoin

Bitcoin surges past $47,000 for first time after Tesla purchase. According to Bloomberg Quint on Tuesday, 9 February, “A rally was also evident in Bitcoin futures, suggesting shorts are throwing in the towel and signaling traders won’t fight the crypto advance. “

Tesla boots the Bitcoin bandwagon closer to corporate america. According to Bloomberg Quint on Tuesday, 9 February, “Tesla Inc.’s purchase of $1.5 billion in Bitcoin may have forced cryptocurrencies onto the agenda of corporate treasurers worldwide.”, “And while Tesla announced plans to accept Bitcoin for purchases, hardly anyone uses the cryptocurrency for anything beyond speculation. “

The possible xinjiang coal link in Tesla’s Bitcoin binge. According to Bloomberg Quint on Tuesday, 9 February, “There’s a pretty good chance that any new Bitcoin generated after the cryptocurrency’s Elon Musk-aided surge toward $50,000 will be sourced using cheap coal power in China’s Xinjiang.”

Elon Musk’s Bitcoin bet is a bean counter’s nightmare. According to Bloomberg Quint on Tuesday, 9 February, “Analysts will doubtless adjust Tesla’s reported financials to reflect the current value of its Bitcoin holdings but it’s an inelegant and less transparent approach.”, “Business analytics company MicroStrategy Inc. had invested a whopping $1.1 billion in Bitcoin as of Dec.31. “

According to Business Insider on Tuesday, 9 February, “Michael Saylor-a noted Bitcoin bull and CEO of business intelligence firm MicroStrategy-held a conference called “Bitcoin for Corporations” on February 3 and 4. “, “Once people start thinking about what they want, which is a non-sovereign, safe-haven store of value, they’re going to realize that Bitcoin does the job of gold better, and you’re seeing all of the institutional flows move out of gold into Bitcoin,” Saylor concluded.”

JPMorgan sees Tesla Bitcoin bet as too bold for others to follow. According to Bloomberg Quint on Tuesday, 9 February, “Following the announcement, longtime crypto investor Mike Novogratz suggested soon “every company in America” would accept Bitcoin as payment.”, “Adding a 1% Bitcoin allocation “would cause a big increase in the volatility of the overall portfolio,” wrote the strategists. “

Reddit user who leaked Tesla’s Bitcoin investment news was just high. According to Business Insider on Wednesday, 10 February, “A Reddit poster who claimed to be in the know of Tesla Inc’s (NASDAQ:TSLA) investment in Bitcoin (BTC) has confirmed that the information he made public on Jan. 2 was not true, the New York Post reported Tuesday.”, “What Happened: After Tesla made its Bitcoin investment announcement on Monday, attention turned to the Reddit post by the user TSLAInsider made five-weeks prior.”

Why a U.S. Bitcoin ETF could be a real thing in 2021. According to Bloomberg Quint on Wednesday, 10 February, “An exchange-traded fund might appeal, except an investor won’t find one tracking Bitcoin in the $5.8 trillion U.S. ETF universe — at least not yet. “, “The Grayscale Bitcoin Trust (ticker…