BTCS (OTCMKTS:BTCS) Shares Cross Below 200 Day Moving Average – Here’s Why

Shares of BTCS Inc. (OTCMKTS:BTCSGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.28 and traded as low as $1.77. BTCS shares last traded at $1.80, with a volume of 236,300 shares.

BTCS Stock Down 5.3 %

The stock has a market capitalization of $30.65 million, a P/E ratio of -5.14 and a beta of 3.05. The business has a fifty day moving average price of $2.56 and a 200-day moving average price of $2.28.

BTCS Company Profile

(Get Free Report)

BTCS Inc operates in blockchain technology sector the United States. Its blockchain-infrastructure secures and operates validator nodes on disruptive blockchain networks, as well as validates transactions for crypto holding delegations on dPoS blockchains. The company offers StakeSeeker, a cryptocurrency dashboard and staking-as-a-service platform that allows crypto asset holders to earn rewards by participating in network consensus mechanisms; and Builder+, a Ethereum block builder offered to maximize validator earnings by utilizing algorithms to construct optimized blocks for on-chain validation.

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