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Bitcoin BEP2 (BTCB) Do the Risks Outweigh the Rewards Thursday?

Thursday, January 13, 2022 04:25 PM | InvestorsObserver Analysts
Bitcoin BEP2 (BTCB) Do the Risks Outweigh the Rewards Thursday?

InvestorsObserver analysis gives Bitcoin BEP2 an average risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range.

Risk/Reward Score - Medium
InvestorsObserver is giving Bitcoin BEP2 a medium Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Bitcoin BEP2!

Trading Analysis

BTCB's risk gauge score translates to a moderate risk investment at the moment. Portfolio managers who heavily weigh risk assessment will find this gauge more relevant when attempting to avoid (or discover) more risky investments. The price of Bitcoin BEP2 is -2.17% lower over the last 24 hours, leading to its current value of $42,783.89. The change in price goes along with volume being below its average level while the token's market capitalization has fallen during the same time period. The crypto's market capitalization is now $4,497,168,197.57, meanwhile $53,763,270.01 worth of the currency has been traded over the past 24 hours. The volatility in price relative to the changes in volume and market cap changes give Bitcoin BEP2 an average risk analysis.

Summary

BTCB's price movement over the past day of trading leads to an average risk ranking as its recent price movement relative to trading volume gives traders reason to be not overly concerned on the token's manipulability as of now. Click Here to get the full Report on Bitcoin BEP2 (BTCB).

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