BTCS (OTCMKTS:BTCS) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

BTCS Inc. (OTCMKTS:BTCSGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.28 and traded as low as $1.77. BTCS shares last traded at $1.80, with a volume of 236,300 shares.

BTCS Stock Down 6.1 %

The firm has a market capitalization of $28.77 million, a PE ratio of -4.83 and a beta of 3.05. The firm’s fifty day simple moving average is $2.55 and its 200-day simple moving average is $2.29.

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.

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