BTCS (OTCMKTS:BTCS) Shares Cross Below 200-Day Moving Average – What’s Next?

BTCS Inc. (OTCMKTS:BTCSGet Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.31 and traded as low as $1.53. BTCS shares last traded at $1.56, with a volume of 198,764 shares.

BTCS Trading Down 7.1 %

The firm has a market capitalization of $31.34 million, a price-to-earnings ratio of -4.46 and a beta of 3.05. The business’s fifty day moving average price is $2.44 and its 200 day moving average price is $2.32.

About BTCS

(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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