IOTA Cryptocurrency Falls By 17% In The Last 24 Hours

IOTA (MIOTA-USD) Cryptocurrency is currently on bearish momentum by 17.87% in the last 24 hours. At 00:05 EST on Tuesday, 8 June, IOTA (MIOTA-USD) is at $1.06.

Volume

The volume for IOTA is 130901954 and it’s 14.11% below in relation to the average volume.

All TIme High and Low

IOTA’s current value is at $1.06 which is 79.91% below its all time high of $5.25 at Tuesday, 19 December.

IOTA’s current value is at $1.06 which is 1191.8% above its all time low of $0.081637 at Friday, 13 March.

Market Cap, Volume, and Supply

IOTA’s current market cap is at 2933035244 and total volume is at 130901954.

IOTA (MIOTA-USD) Range

About IOTA’s daily highs and lows, it’s 1.92% up from its trailing 24 hours low of $1.04 and 19.08% down from its trailing 24 hours high of $1.31.

Social Status

Currently, IOTA (MIOTA-USD) has 192475 Twitter followers and 135624 Reddit subscribers.

Volatility

IOTA’s last week, last month’s, and last quarter’s current volatility was a positive 2.19%, a negative 1.17%, and a positive 6.18%, respectively.

IOTA’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 4.81% (last week), 8.07% (last month), and 6.18% (last quarter), respectively.

News about Bitcoin

Bitcoin drops amid weibo crypto suspensions, goldman CIO survey. According to Bloomberg Quint on Sunday, 6 June, “Chinese authorities have recently cautioned on crypto trading and Bitcoin mining efforts are being curtailed, which have put pressure on prices. “, “In comments from a video broadcast at the Bitcoin 2021 conference in Miamia, El Salvador President Nayib Bukele said he plans to make Bitcoin legal tender in the country, while San Francisco-based Square Inc. said it will invest $5 million to build a solar-powered Bitcoin mining facility. “

Square to invest in solar-powered Bitcoin mining facility. According to Bloomberg Quint on Saturday, 5 June, “Square Inc. will invest $5 million to build a solar-powered Bitcoin mining facility at a Blockstream Mining site in the U.S. through a partnership with the blockchain technology provider.”, “The facility will be a “proof-of-concept for a 100% renewable energy Bitcoin mine at scale,” Blockstream said in a press release on its website. “

El salvador plans bill to adopt Bitcoin as legal tender: CNBC. According to Bloomberg Quint on Saturday, 5 June, “El Salvador President Nayib Bukele plans to submit legislation that will make Bitcoin legal tender in the republic, CNBC reported, citing a video broadcast to the Bitcoin 2021 conference in Miami.”, “Bukele also announced a partnership with Strike, a digital wallet company, to build a financial infrastructure with Bitcoin technology for his country.”

Bitcoin falls as weibo appears to suspend some crypto accounts. According to Bloomberg Quint on Saturday, 5 June, “However, as Bitcoin continues to fluctuate in a narrow range, a retest of the $30,000 level could also be in play until more positive catalysts emerge.”, “Meanwhile, El Salvador president Nayib Bukele said he plans to submit legislation that will make Bitcoin legal tender in the country, a first in the world, according to a video message he gave to the Bitcoin 2021 conference in Miami.”

According to CNBC on Saturday, 5 June, “In a video broadcast to Bitcoin 2021, a multiday conference in Miami being billed as the biggest bitcoin event in history, President Nayib Bukele announced El Salvador’s partnership with digital wallet company, Strike, to build the country’s modern financial infrastructure using bitcoin technology.”, “We’re pleased to help El Salvador on its journey towards adoption of the Bitcoin Standard,” he said.”

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