What Does a Risk Analysis Say About Bitcoin Confidential (BC) Saturday?
Saturday, December 31, 2022 07:28 AM | InvestorsObserver Analysts
Bitcoin Confidential receives a high risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a coin can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk.
InvestorsObserver is giving Bitcoin Confidential a high Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Bitcoin Confidential!
The risk gauge rank for BC shows the coin is currently a high risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments.
The price of Bitcoin Confidential is 81.10% lower over the last 24 hours, leading to its current value of $0.000007503. The change in price goes along with volume being below its average level while the coin's market capitalization has risen during the same time period. The crypto's market capitalization is now $55,268.36, meanwhile $37.03 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 Confidential a high risk analysis.