Ethereum is currently on bearish momentum. At 17:05 EST on Sunday, 27 December, Ethereum is at $677.15 and down by 2.56% 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.
In relation to Ethereum’s daily highs and lows, it’s 7.019% up from its trailing 24-hour low of $632.74 and 3.817% down from its trailing 24-hour high of $704.02.
Regarding Ethereum’s yearly highs and lows, it’s 611.441% up from its 52-week low and 4.467% 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
michael saylor, the CEO who turned a software company into a Bitcoin company. According to Bloomberg Quint on Thu Dec 24, “This past summer, the business intelligence software company MicroStrategy made waves when it put some of its extra cash into Bitcoin. “, “We speak with MicroStrategy’s CEO, Michael Saylor, on why he thinks Bitcoin is the best reserve asset for any company.”
Bitcoin rally has already outlasted 2017 run. According to The Wall Street Journal on Thu Dec 24, “Bitcoin bulls say the money fueling this year’s rally is coming from more reliable sources than past rallies. “
Bitcoin crushes doubters as 224% rally proves it’s here to stay. According to Bloomberg Quint on Thu Dec 24, “Bitcoin just won’t go away. “, “There has been no substantial progress made on Bitcoin as a unit of exchange. “
Luxxfolio to acquire 590 Bitcoin miners. According to Business Insider on Thu Dec 24,
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, “Bitcoin’s market cap could reach $1 trillion sometime in 2021, according to Garrick Hileman, head of research at Blockchain.com, if investors take its reserve currency status more seriously.”, “However, Bitcoin investors – known for their unquenchable optimism – think this is just the start.”
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.””, “”We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway,” said Tyler Page, a business developer at Bitfury. “
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, “Clayton’s exit from the regulator is welcome news for crypto fans who saw him take a hard line over the years, suing to halt initial coin offerings, rejecting applications for Bitcoin exchange-traded funds and launching a last-minute lawsuit against Ripple Labs Inc. Gensler, who served as a Commodity Futures Trading Commission chairman during the Obama administration, is a senior advisor to the MIT Media Lab Digital Currency Initiative and teaches about blockchain technology and digital currencies.”, “”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. “