BTCS (OTCMKTS:BTCS) Shares Cross Below 200 Day Moving Average – What’s Next?

Shares of BTCS Inc. (OTCMKTS:BTCSGet Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.31 and traded as low as $1.53. BTCS shares last traded at $1.56, with a volume of 198,764 shares traded.

BTCS Stock Performance

The stock has a market cap of $31.34 million, a P/E ratio of -4.46 and a beta of 3.05. The firm has a 50-day moving average price of $2.44 and a 200-day moving average price of $2.31.

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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