BTCS (OTCMKTS:BTCS) Stock Crosses Below 200 Day Moving Average – Should You Sell?

BTCS Inc. (OTCMKTS:BTCSGet Free Report)’s share price 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 trading hands.

BTCS Price Performance

The stock has a market cap of $31.34 million, a PE ratio of -4.46 and a beta of 3.05. The company has a 50-day simple moving average of $2.44 and a 200-day simple moving average of $2.32.

BTCS Company Profile

(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.

Further Reading

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