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

BTCS logo with Financial Services background

BTCS Inc. (OTCMKTS:BTCS - Get Free Report) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $3.14 and traded as high as $6.43. BTCS shares last traded at $6.30, with a volume of 12,175,789 shares changing hands.

BTCS Price Performance

The stock has a 50 day moving average price of $3.14 and a 200-day moving average price of $2.52. The stock has a market capitalization of $146.91 million, a price-to-earnings ratio of -18.00 and a beta of 1.15.

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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