Ethereum is currently on bearish momentum. At 19:04 EST on Sunday, 27 December, Ethereum is at $683.21 and down by 1.38% in the last 6 hours.
Over the last six hours, Ethereum’s higher value was $704.02 and the lower value was $677.15.
Over the last twelve hours, Ethereum’s higher value was $704.02 and the lower value was $634.87.
Concerning Ethereum’s daily highs and lows, it’s 7.614% up from its trailing 24-hour low of $634.87 and 2.956% down from its trailing 24-hour high of $704.02.
About Ethereum’s yearly highs and lows, it’s 0% down from its 52-week low and 0% down from its 52-week high.
Ethereum’s last day and last week average volatility is a positive 1.51% and a positive 4.31%, respectively. Ethereum’s high and low amplitude percentage in the last week was 7.87%.
News about Bitcoin
Bitcoin surges to fresh record high and looks set to break the $25,000 level: ‘merry bitmas’. According to Business Insider on Fri Dec 25, “Known as the leading cryptocurrency, Bitcoin has been a surprise success during the pandemic, quickly becoming a competitor to gold in some portfolios.”, “Bitcoin has a current market cap of about $350 billion, while that of gold’s stands at roughly $10 trillion.”
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “”This year’s energy prices were particularly low as Bitcoin prices have increased.””, “The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled.”
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, “”What’s happening now — and it’s happening faster than anyone could ever imagine — is that Bitcoin is moving from a fringe esoteric asset to the mainstream,” said Matt Hougan, chief investment officer of Bitwise Asset Management. “, “But with Bitcoin capturing greater attention, it could also garner further scrutiny from regulators, says Guy Hirsch, managing director for the U.S. at online-trading platform eToro. “