Ethereum is currently on bullish momentum. At 01:05 EST on Monday, 28 December, Ethereum is at $711.41 and up by 0.68% in the last 6 hours.
Ethereum Range
Over the last six hours, Ethereum’s higher value was $711.41 and the lower value was $701.66.
Over the last twelve hours, Ethereum’s higher value was $711.41 and the lower value was $677.15.
About Ethereum’s daily lows, it’s 12.056% up from its trailing 24-hour low of $634.87
Regarding Ethereum’s yearly highs and lows, it’s 647.436% up from its 52-week low and 0.255% down from its 52-week high.
Volatility
Ethereum’s last day and last week average volatility is a positive 7.36% and a positive 4.97%, respectively. Ethereum’s high and low amplitude percentage in the last week was 8.97%.
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, “Bitcoin is soaring once again, hitting a new record price of $24,661 on Friday, with investors declaring “Happy Bitmas,” on social media.”, “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, “Having coin flowing from the Nordic region helps reduce the political risk profile of Bitcoin.”, “”There is a very important strategic shift away from mining in China to mining in western countries like Sweden as Bitcoin investors become more public and want more stability and critical safety,” said Salter at Genesis. “
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.”, “Janet Yellen, who’s been nominated to serve as Treasury secretary in Biden’s administration, has in recent years cautioned investors over Bitcoin, saying it was a “highly speculative asset” and “not a stable store of value.” A representative didn’t immediately return a request seeking comment.”
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, “Others question Bitcoin’s validity as an investment and point to the digital currency’s history of wild rallies followed by crashes.”, “Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.”