BTCS (OTCMKTS:BTCS) Stock Crosses Below 50 Day Moving Average – What’s Next?

BTCS Inc. (OTCMKTS:BTCS)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $3.06 and traded as low as $2.84. BTCS shares last traded at $2.86, with a volume of 968,595 shares traded.

BTCS Stock Down 5.9%

The company has a market cap of $133.96 million, a P/E ratio of -8.17 and a beta of 1.54. The stock has a 50 day moving average price of $3.06 and a two-hundred day moving average price of $3.95.

BTCS Company Profile

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.