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Polkadot USD (DOT1-USD) is currently on bearish momentum. At 21:08 EST on Monday, 15 March, Polkadot USD (DOT1-USD) is at $32.94 and down by 5.92% in the last 6 hours.
Polkadot USD (DOT1-USD) Range
Over the last six hours, Polkadot USD (DOT1-USD)’s higher value was $34.94 and the lower value was $32.94.
https://www.youtube.com/watch?v=w0BIN8EVYAs
Over the last twelve hours, Polkadot USD (DOT1-USD)’s higher value was $35.24 and the lower value was $32.94.
Concerning Polkadot USD (DOT1-USD)’s daily highs, it’s 14.062% down from its trailing 24-hour high of $38.33
About Polkadot USD (DOT1-USD)’s yearly highs and lows, it’s 1124.535% up from its 52-week low and 4.88% down from its 52-week high.
Volatility
Polkadot USD (DOT1-USD)’s last day, last week, and last month’s average volatility was 1.59%, 3.00%, and 4.37%, respectively.
Polkadot USD (DOT1-USD)’s last day, last week, and last month’s high and low average amplitude percentage was 4.21%, 7.62%, and 12.48%, respectively.
News about Bitcoin
According to Business Insider on Sunday, 14 March, “Canada’s Purpose Bitcoin ETF, the first to launch, had 913 million Canadian dollars ($731 million) under management on 11 March.”, “Guggenheim disclosed in an SEC filing that its Macro Opportunities Fund held the right to invest up to 10% of its net asset value in Grayscale Bitcoin Trust.”
Bitcoin dips from record after scaling $61,000 aided by stimulus. According to Bloomberg Quint on Monday, 15 March, “The fortunes of a range of companies are increasingly tied to the cryptocurrency, from listed Bitcoin miners and brokers to firms that have invested in the token.”, “Crypto has seen “some good flow, with traders front running U.S. stimulus checks,” Chris Weston, head of research at Pepperstone Group Ltd., wrote in a note, adding Bitcoin needs to stay above the previous high of just over $58,000 to bolster confidence in a “new bull leg.”
According to Business Insider on Monday, 15 March, “If doubt about monetary policy, unchecked money printing and continually rising inflation continues to worry both retail and institutional investors, then they will seek alternatives that provide safety, which Bitcoin provides in a unique digital format,” Nazarov said.”
Retail Bitcoin traders rival wall street buyers as mania builds. According to Bloomberg Quint on Monday, 15 March, “Meanwhile, institutions have bought about 173,000 of the world’s largest cryptocurrency over that time frame — as gathered by Bitcoin futures, fund flows and company announcements — after buying nearly 307,000 in the last quarter of 2020.”, “Meme stock trading volatility burnt many, but Bitcoin has maintained an amazingly bullish trend that has made most winners,” said Ed Moya, senior market analyst at Oanda Corp. “Retail traders got reinvigorated with the latest NFT buzz and as the stimulus checks hit their bank accounts.”
What’s India’s beef with Bitcoin, really?. According to Bloomberg Quint on Monday, 15 March, “If someone is using a VPN service to access the internet,and not buying or selling Bitcoin using an Indian bank account (but earning and spendingit peer to peer), the prohibitionwon’t be enforceable.”, “Nobody is asking New Delhito make Bitcoin legal tender or accept tax payments in it. “
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