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BTCS (OTCMKTS:BTCS) Stock Price Crosses Above 50-Day Moving Average - Here's What Happened

BTCS logo with Financial Services background

Key Points

  • Shares of BTCS Inc. crossed above its 50-day moving average during trading, reaching a high of $5.03 before settling at $4.83.
  • The company has a market capitalization of $112.63 million and operates in the blockchain technology sector, providing services like staking-as-a-service and Ethereum block building.
  • BTCS has a PE ratio of -13.80 and a beta of 1.15, indicating a higher volatility compared to the market.
  • Looking to Export and Analyze BTCS Data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

BTCS Inc. (OTCMKTS:BTCS - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $3.44 and traded as high as $5.03. BTCS shares last traded at $4.83, with a volume of 4,866,714 shares traded.

BTCS Price Performance

The stock has a market capitalization of $96.54 million, a PE ratio of -11.83 and a beta of 1.17. The business's fifty day moving average price is $3.54 and its 200-day moving average price is $2.66.

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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