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Polkadot (DOT-USD) Cryptocurrency is currently on bearish momentum by 22.76% in the last 24 hours. At 16:52 EST on Friday, 21 May, Polkadot (DOT-USD) is at $22.28.
Social Status
Currently, Polkadot (DOT-USD) has 424278 Twitter followers and 24432 Reddit subscribers.
Volatility
Polkadot’s last week, last month’s, and last quarter’s current volatility was a negative 3.42%, a negative 0.47%, and a positive 4.23%, respectively.
Polkadot’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 8.58% (last week), 4.74% (last month), and 4.23% (last quarter), respectively.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Polkadot’s crypto is considered to be overbought (>=80).
Other News About Polkadot (DOT-USD)
According to FX Empire on Wednesday, 19 May, “Recovering from an early pullback, Polkadot was up by 4.63% at the time of writing.”
According to FX Empire on Friday, 21 May, “Bitcoin Cash SV (+4.75%), and Polkadot (+4.64%) trailed the front runners, however.”
News about Bitcoin
Bitcoin chartists see selloff intensifying with $40,000 in focus. According to Bloomberg Quint on Tuesday, 18 May, “The momentum has now quite decisively shifted to the bears,” said Tallbacken Capital Advisors LLC Chief Executive Officer Michael Purves, who correctly predicted last month that Bitcoin would decline.”, “Purves says the next important level for Bitcoin is $42,000 because it roughly equates to where the rally topped out in January and a 50% retracement from December 2020 levels. “
Crypto lender mistakenly deposits Bitcoin into user accounts. According to Bloomberg Quint on Wednesday, 19 May, “BlockFi Inc., a crypto-lending startup, mistakenly sent some users Bitcoin as part of a promotion and is working on reversing it.”, “The company made what it called incorrect promo payouts in Bitcoin instead of U.S. dollars to certain customers. “
Cathie wood, still a Bitcoin believer, sees it going to $500,000. According to Bloomberg Quint on Wednesday, 19 May, “Although Elon Musk has soured on Bitcoin due to its environmental impact, Wood said once renewables are incorporated into the Bitcoin mining technology, like she expects, “Elon will come back and be part of that ecosystem.”, “Despite her long-term conviction, Bitcoin and other digital coins may face more pain before mounting a comeback.”
More news about Polkadot (DOT-USD).
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