BTCS (OTCMKTS:BTCS) Share Price Passes Above Fifty Day Moving Average – Here’s Why

BTCS Inc. (OTCMKTS:BTCSGet Free Report) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $3.07 and traded as high as $3.31. BTCS shares last traded at $3.12, with a volume of 391,789 shares trading hands.

BTCS Price Performance

The firm has a market capitalization of $51.93 million, a P/E ratio of -8.71 and a beta of 2.23. The stock’s fifty day simple moving average is $3.06 and its 200 day simple moving average is $2.06.

About BTCS

(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.

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