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

BTCS logo with Financial Services background

BTCS Inc. (OTCMKTS:BTCS - Get Free Report) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $1.93 and traded as high as $3.20. BTCS shares last traded at $2.97, with a volume of 729,528 shares traded.

BTCS Stock Performance

The firm has a market capitalization of $59.70 million, a PE ratio of -8.09 and a beta of 1.09. The business's fifty day simple moving average is $1.99 and its 200-day simple moving average is $2.49.

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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