BitTorrent (BTTOLD) Rises 54.72%, Outperforms the Crypto Market Tuesday


BitTorrent (BTTOLD) has been relatively more volatile when compared to other cryptocurrencies. So far Tuesday, the crypto has increased 54.72% to $0.0004141019915.

InvestorsObserveris giving BitTorrent a 94 Volatility Rank. Find out what this means to you and get the rest of the rankings on BitTorrent!

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Highly Volatile

InvestorsObservergives BitTorrent a high volatility rank of 94, placing it in the top 6% of cryptos on the market.

The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day.
BTTOLD’s high volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

BitTorrent price is trading near resistance. With support set at $0.0000605942285988338 and resistance near $0.00044067490209321. This leaves BitTorrent with potential selling pressures ahead as it may be getting over extended.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain. 

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