BTCS (OTCMKTS:BTCS) Shares Pass Below 50-Day Moving Average – What’s Next?

BTCS Inc. (OTCMKTS:BTCSGet Free Report) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $2.80 and traded as low as $1.6815. BTCS shares last traded at $1.69, with a volume of 770,973 shares changing hands.

BTCS Stock Performance

The business has a 50-day simple moving average of $2.80 and a two-hundred day simple moving average of $3.68. The company has a market capitalization of $79.16 million, a price-to-earnings ratio of -4.83 and a beta of 3.13.

BTCS Company Profile

(Get Free Report)

BTCS Inc (OTCMKTS: BTCS) is a U.S.-based financial technology company focused on the principal end of the digital asset spectrum. The company holds and manages a diversified portfolio of cryptocurrencies, including Bitcoin and other established tokens, aiming to generate long-term value through strategic acquisition and active portfolio management.

In parallel, BTCS makes strategic equity investments in early- and growth-stage blockchain companies, targeting entities building foundational protocols, decentralized finance platforms, and other blockchain-enabled applications.

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