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Monero Cryptocurrency Positive Momentum With A 17% Jump In The Last 24 Hours

Monero Cryptocurrency Positive Momentum With A 17% Jump In The Last 24 Hours

Monero Cryptocurrency is currently on bullish momentum by 17.52% in the last 24 hours. At 04:25 EST on Friday, 7 May, Monero is at $486.26.

Regarding Monero’s daily highs and lows, it’s 18.53% up from its trailing 24 hours low of $410.24 and 1.9% down from its trailing 24 hours high of $495.69.

Currently, Monero has 401749 Twitter followers and 216325 Reddit subscribers.

As of now, on Github, there are 2872 forks, 5770 stars, and 489 subscribers.

Monero’s last week, last month’s, and last quarter’s current volatility was 291.17%, 291.17%, and 291.17%, respectively.

Monero’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 291.17% (last week), 291.17% (last month), and 291.17% (last quarter), respectively.

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Monero’s crypto is considered to be oversold (<=20).

Bitcoin traders in U.S. lack investor protections, gensler says. According to Bloomberg Quint on Thursday, 6 May, "But there are some areas, particularly Bitcoin trading on large exchanges, that the public is not currently really protected.", "U.S. investors lack protections when they trade Bitcoin on cryptocurrency exchanges, Securities and Exchange Commission Chairman Gary Gensler told lawmakers."

S&amp;p dow jones brings Bitcoin, ethereum to wall st with cryptocurrency indexes. According to FX Empire on Tuesday, 4 May, "The new indexes, S&P Bitcoin Index, S&P Ethereum Index and S&P Crypto Mega Cap Index, will measure the performance of digital assets tied to them."

Goldman offers new Bitcoin derivatives to wall street investors. According to Bloomberg Quint on Thursday, 6 May, "But client interest and Bitcoin’s astronomical price gains — reaching a high of almost $65,000 in April — have turned many bankers around, with Morgan Stanley making a Bitcoin trust product available to its customers and JPMorgan working on a similar offering.", "For years after its creation in 2009, Bitcoin was shunned by Wall Street banks, with JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon once threatening to fire any of his traders caught buying and selling the digital currency. "

More news about Monero.

by:

Via News Editorial Team

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via.news
date of publication icon 07 May 2021 icon of time needed to read the article 2 min read
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