Bitcoin achieves an average risk analysis based on InvestorsObserver research. The proprietary system gauges how much a coin can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk.
BTC has traded -4.11% lower over the past 24 hours to its current price of $25,688.98. This shift has occurred while volume is below its average level and the coin's market capitalization has fallen. The cryptocurrency now has a market capitalization of $498,221,658,319.63 while $20,016,725,383.95 worth of the coin has traded over the last 24 hours. The price change in relation to the degree of volume and market cap changes gives Bitcoin an average risk rating.
Is Bitcoin (BTC) Worth the Risk Tuesday?
InvestorsObserver is giving Bitcoin a medium Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Bitcoin!