Bitcoin Gold hits rock bottom risk analysis based on Investors Observer Research. The proprietary system measures how much a coin can be manipulated by analyzing a lot of money it took to change its price over the past 24 hours, along with analysis of recent changes in volume and market capitalization. The gauge is between 0 and 100, with lower scores equating to higher risk, while higher values representing lower risk.
Trade Analysis
BTG’s risk meter score currently translates into a low-risk investment. Portfolio managers who weigh risk assessment heavily will find this measure more relevant in avoiding (or discovering) more risky assets. BTG has traded 1.32% lower in the past 24 hours to its current price of $18.36. This shift has occurred while volume is below average and the market capitalization of the coin has risen. The cryptocurrency now has a market cap of $321,521,773.85, while $15,104,863.12 of the coin has been trading in the past 24 hours. The price change in relation to the degree of volume and market capitalization changes gives Bitcoin Gold a low risk rating.
Overview
BTG’s price volatility over the past 24 hours results in low risk analysis due to the price volatility coupled with changes in trading volume, giving investors a reason to be confident in the coin’s malleability from now on.
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