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About SKY

Sky (SKY) is a cryptocurrency launched in 2024. SKY has a current supply of 23.46Bn with 0 in circulation. The last known price of SKY is 0.085825329565 USD and is -0.003621777359 over the last 24 hours. It is currently trading on active market(s) with $12.36M traded over the last 24 hours. More information can be found at .
SKY Price Statistics
SKY’s Price Today
24h Price Change
-$0.0036217773594.05%
24h Volume
$12.36M219.30%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#3983
SKY Market Cap
Market Cap
$0
Fully Diluted Market Cap
$2.01Bn
SKY Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
SKY Supply
Circulating Supply
0
Total Supply
23.46Bn
Max Supply
0
Updated Dec 09, 2024 9:28 pm
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SKY
Sky
$0.085825329565
$0.003621777359(-4.05%)
Mkt Cap $0
There's nothing here for now
Bitcoin Reaches Record High Amid Market Volatility
Bitcoin Reaches Record High Amid Market Volatility
According to Odaily, Bitcoin achieved a historic milestone last week by surpassing the $100,000 mark for the first time, reaching a peak of $104,000. This represents a remarkable 111% increase from its summer low of under $50,000. However, this surge was followed by a significant 14.84% correction, including a rapid 10% drop within just eight minutes. This correction marks the largest pullback from a record high since the pre-U.S. election sell-off. The market adjustment led to over $1.1 billion in liquidations, with $419 million attributed to Bitcoin long positions, highlighting the market's leverage levels. Despite the intense market fluctuations, signs of stabilization are emerging. The realized profit metric, which had peaked at $10.5 billion daily, has now decreased to $2.5 billion, alleviating selling pressure. Additionally, futures funding rates have normalized, indicating a reduction in speculative leverage. Although ETF inflows slightly slowed over the weekend, they remain a crucial support source amid ongoing profit-taking by long-term holders. As Bitcoin consolidates above $100,000, the medium-term outlook remains bullish. With the normalization of funding rates and easing of selling pressure, further gains are possible as long as ETF inflows continue to rise. Moreover, the Federal Reserve is assessing potential policy shifts under the new administration, while the economy is supported by a resilient labor market and stable consumer demand. However, the uneven recovery across various sectors suggests a need for cautious optimism.
Dec 09, 2024 9:14 pm
Bitfinex report: BTC consolidates in the $100,000 range, but the market shows signs of stabilization
Bitfinex report: BTC consolidates in the $100,000 range, but the market shows signs of stabilization
Bitfinex published an analysis that last week, Bitcoin hit a record high, breaking $100,000 for the first time and setting a new all-time high of $104,000. This marks a 111% increase in Bitcoin from its low of less than $50,000 in the summer. However, the rebound was followed by a sharp correction of 14.84%, including a rapid drop of 10% in just eight minutes, which was the largest correction of Bitcoin from its current all-time high since the sell-off before the US election. The pullback triggered more than $1.1 billion in liquidations, including $419 million in Bitcoin long positions, highlighting the leverage level of the market. Despite the volatility in the market, signs of market stabilization are emerging. The realized profit indicator once peaked at $10.5 billion per day, but has now fallen to $2.5 billion, easing seller pressure. Futures financing rates have also normalized, indicating a decline in speculative leverage. Although ETF inflows slowed slightly over the weekend, they remain a key source of support against the backdrop of continued profit-taking by long-term holders. As Bitcoin consolidates above $100,000, the medium-term outlook remains bullish, with further upside potential as long as ETF inflows continue to increase as funding rates normalize and sell-side pressure slows. In addition, the Federal Reserve is evaluating possible policy shifts under the new administration, while the economy remains supported by a resilient labor market and solid consumer demand. However, the uneven recovery across sectors suggests a need for cautious optimism.
Dec 09, 2024 9:11 pm

Frequently Asked Questions

  • What is the all-time high price of Sky (SKY)?

    The all-time high of SKY was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Sky (SKY) is 0. The current price of SKY is down 0% from its all-time high.

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  • How much Sky (SKY) is there in circulation?

    As of , there is currently 0 SKY in circulation. SKY has a maximum supply of 0.

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  • What is the market cap of Sky (SKY)?

    The current market cap of SKY is 0. It is calculated by multiplying the current supply of SKY by its real-time market price of 0.085825329565.

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  • What is the all-time low price of Sky (SKY)?

    The all-time low of SKY was 0 , from which the coin is now up 0%. The all-time low price of Sky (SKY) is 0. The current price of SKY is up 0% from its all-time low.

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  • Is Sky (SKY) a good investment?

    Sky (SKY) has a market capitalization of $0 and is ranked #3983 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Sky (SKY) price trends and patterns to find the best time to purchase SKY.

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