ECOMI (OMI-USD) Cryptocurrency Falls By 42% In The Last 14 Days

ECOMI (OMI-USD) Cryptocurrency is currently on bearish momentum by 42.58% in the last 14 days. At 18:10 EST on Monday, 17 May, ECOMI (OMI-USD) is at $0.00.

ECOMI (OMI-USD) Range

Concerning ECOMI’s daily highs, it’s 65.25% down from its trailing 14 days high of $0.01

Social Status

Currently, ECOMI (OMI-USD) has 94932 Twitter followers.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, ECOMI’s crypto is considered to be overbought (>=80).

News about Bitcoin

Billionaire’s Bitcoin dream shapes his business empire in Norway. According to Bloomberg Quint on Saturday, 15 May, “Though he underpinned his belief that cryptocurrencies still have a future, Musk’s comments this week triggered a sudden Bitcoin selloff. “, “Kjell Inge Rokke, who started out as a fisherman to build a roughly $5 billion fortune in Norway’s offshore industry, has already revealed his belief that Bitcoin will be “on the right side of history.” Now Aker ASA, Rokke’s industrial investment company, says it’s open to the idea of accepting payment in the cryptocurrency.”

Musk implies Tesla May sell or has sold Bitcoin holdings. According to Bloomberg Quint on Sunday, 16 May, “Elon Musk implied in a Twitter exchange on Sunday that Tesla Inc. may sell or has sold its Bitcoin holdings.”, “On May 12, Musk tweeted that while the company was suspending Bitcoin for car purchases, it wouldn’t be selling any Bitcoin.”

Bitcoin nurses losses as musk’s spats on twitter whipsaw token. According to Bloomberg Quint on Monday, 17 May, “Responding to another thread criticizing his Bitcoin stance, Musk said: “Obnoxious threads like this make me want to go all in on Doge.”, “Bitcoin was already falling on Sunday when Musk replied “Indeed” to a tweet from @CryptoWhale suggesting Tesla get rid of its remaining Bitcoin holdings. “

Elon Musk just reopened an old wound in the Bitcoin world. According to Bloomberg Quint on Sunday, 16 May, “Already Bitcoin has been treading water, withmuch of the fascination migrating towards memecoins or “DeFi” which has been more active on ETH and other competing chains. “, “The small block contingent argued that there were better ways to scale Bitcoin for payments (using so-called Layer 2 solutions) and that by adding more payments directly to the chain itself, it would become cost prohibitive for individuals to run a full node to monitor the network, thus sacrificing decentralization. “

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