Ethereum On Bearish Momentum: 2.24% Down In The Last 6 Hours

Ethereum is currently on bearish momentum. At 07:05 EST on Sunday, 27 December, Ethereum is at $636.51 and down by 2.24% in the last 6 hours.

Ethereum Range

Over the last six hours, Ethereum’s higher value was $650.74 and the lower value was $636.51.

Over the last twelve hours, Ethereum’s higher value was $650.74 and the lower value was $636.51.

Regarding Ethereum’s daily highs and lows, it’s 2.154% up from its trailing 24-hour low of $623.09 and 2.187% down from its trailing 24-hour high of $650.74.

Regarding Ethereum’s yearly highs and lows, it’s 568.743% up from its 52-week low and 5.538% down from its 52-week high.

Volatility

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. “, “Then, as Bitcoin ran up, it bought more, and the stock has now soared thanks to the bet. “

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 is soaring once again, hitting a new record price of $24,661 on Friday, with investors declaring “Happy Bitmas,” on social media.”, “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.”

Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “”We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway,” said Tyler Page, a business developer at Bitfury. “, “The current market dynamics give big miners alternatives to places where Bitcoin are usually created such as China, Kazakhstan and Canada.”