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0 0.00372670807453412 0.00828157349896481 0.0103933747412009 -0.00202898550724643 -0.00621118012422365 0.00633540372670802 0.00207039337474116
Stock impact report

Bitcoin swings back to loss as volatility marches higher [Seeking Alpha]

Bit Digital, Inc. - Ordinary Share (BTBT) 
Company Research Source: Seeking Alpha
The top digital token ( BTC-USD slid 4% to $63.8K, erasing nearly all its gains recorded mostly on Wednesday, when BTC bounced to about $68K. Nonetheless, the coin is sitting above its $61K level of technical support. The largest altcoin by market cap, ether ( ETH-USD ), also clawed back its recent rise, retreating 4.6% at the time of writing. The fluctuations comes as bitcoin ( BTC-USD ) volatility continued its upswing. Specifically, the standard deviation of the last 30 days daily percentage change in the price of BTC rose to 78.92% on Thursday from 46.5% on Jan. 1, according to data from The Block. With BTC trading nearly 15% below its record high of $71.3K, traders could be in profit-taking mode ahead of the April halving. The event – which occurs about every four years – reduces the supply of new bitcoins entering the market, a move that could drive up the coin's price should demand remain constant or rise. Crypto-tied stocks, meantime, were mostly trading in negative ter Show less Read more
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