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Bitcoin Token (BTCT) Falls 0.92%, Underperforms the Crypto Market Tuesday

Tuesday, December 14, 2021 11:48 AM | InvestorsObserver Analysts
Bitcoin Token (BTCT) Falls 0.92%, Underperforms the Crypto Market Tuesday

Bitcoin Token (BTCT) has been relatively more volatile compared to the crypto market. So far Tuesday, the crypto has lost 92.01% to $0.002829108991.

volatility - 85
InvestorsObserver is giving Bitcoin Token a 85 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitcoin Token!

Highly Volatile

InvestorsObserver gives Bitcoin Token a high volatility rank of 85, placing it in the top 15% of cryptos on the market.

The Volatility Gauge tracks the previous 60 days, meaning that one day won't make or break the score. BTCT's high volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.

Bitcoin Token price is favorably positioned going forward. With support around $-0.00916683331042011 and resistance set at $0.0241102577941171. This leaves Bitcoin Token with room to run before facing selling pressures.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.

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