Ethereum On Bullish Momentum: 1.25% Up In The Last 6 Hours

Ethereum is currently on bullish momentum. At 02:05 EST on Monday, 28 December, Ethereum is at $711.42 and up by 1.25% in the last 6 hours.

Ethereum Range

Over the last six hours, Ethereum’s higher value was $711.42 and the lower value was $701.66.

Over the last twelve hours, Ethereum’s higher value was $711.42 and the lower value was $677.15.

About Ethereum’s daily lows, it’s 12.058% up from its trailing 24-hour low of $634.87

About Ethereum’s yearly highs and lows, it’s 647.447% up from its 52-week low and 0.262% 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 has a current market cap of about $350 billion, while that of gold’s stands at roughly $10 trillion.”, “Bitcoin is soaring once again, hitting a new record price of $24,661 on Friday, with investors declaring “Happy Bitmas,” on social media.”

Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled.”, “Having coin flowing from the Nordic region helps reduce the political risk profile of Bitcoin.”

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 for Bitcoin, 2020 has been a marvelous time.”

Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, “Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,150 as of 1 p.m. in Tokyo. “, “Bitcoin is on track for its longest monthly winning streak in more than a year after touching a record above $28,000 over the weekend.”