Ethereum On Bullish Momentum: 10519% Up In The Last 6 Hours

Ethereum is currently on bullish momentum. At 16:05 EST on Thursday, 31 December, Ethereum is at $743.33 and up by 10519% in the last 6 hours.

Ethereum Range

Over the last six hours, Ethereum’s higher value was $743.33 and the lower value was $728.24.

Over the last twelve hours, Ethereum’s higher value was $752.00 and the lower value was $728.24.

Regarding Ethereum’s daily highs and lows, it’s 2.072% up from its trailing 24-hour low of $728.24 and 1.153% down from its trailing 24-hour high of $752.00.

Concerning Ethereum’s yearly highs and lows, it’s 680.973% up from its 52-week low and 1.454% down from its 52-week high.

Volatility

Ethereum’s last day, last week, and last month’s average volatility was 2.75%, 3.71%, and 0.68%, respectively.

Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 4.62%, 7.36%, and 6.46%, respectively.

Last news about Ethereum

According to FX Empire on Monday, 28 December, “Litecoin rallied by 11.30% to lead the pack, with Ethereum (+7.20%) also joining Bitcoin in the green.”

According to Business Insider on Tuesday, 29 December, “Grayscale Bitcoin Trust (OTC:GBTC) and Grayscale Ethereum Trust (OTC:ETHE) closed 11.33% and 4.32% higher at $30.45 and $16.90 on Monday, respectively.”, “At press-time Bitcoin traded 1.26% lower at $26,845.73 and Ethereum traded 1.06% higher at $715.97.”

According to Business Insider on Tuesday, 29 December, “Cognizant that if these numbers were replicated across Vidy’s 100+ publishers, it might overcrowd the Ethereum network, the team converted VidyCoin into a dual-token ecosystem, namely VIDY and VIDYX.”

News about Bitcoin

Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Monday, 28 December, “Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.”

Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Monday, 28 December, “Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.”, “Edward Moya, senior market analyst at Oanda, says demand for Bitcoin is “relentless.”

Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tuesday, 29 December, “At press-time Bitcoin traded 1.26% lower at $26,845.73 and Ethereum traded 1.06% higher at $715.97.”, “Basing his analysis on another chart, which uses three disparate Bitcoin cycles, Newton said, “All those years where we had a stellar Q4 we reversed course in trend back in late December, early January, and actually went lower.”

Bitcoin hits new record, set for biggest monthly gain since 2019. According to Bloomberg Quint on Wednesday, 30 December, “While a growing institutional presence has been part of the narrative of the current bull run, we may see increased retail interest in Bitcoin as a form of digital gold,” Paolo Ardoino, chief technology officer of crypto exchange Bitfinex said in an email.”

South African Bitcoin trader under liquidation, business day says. According to Bloomberg Quint on Wednesday, 30 December, “A provisional liquidation order has been granted against a South African Bitcoin trading company that is said to have received about 9.45 billion rand ($644 million) from as many as 280,000 investors, Business Day reported.”

Wall street revives dream of a Bitcoin ETF with new SEC filing. According to Bloomberg Quint on Thursday, 31 December, “For years, regulators have quashed hopes of a Bitcoin exchange-traded fund, citing worries about everything from market volatility and industry manipulation to thin liquidity.”, “VanEck’s filing comes in a week when Bitcoin has continued to set record highs — currently above $29,000. “

According to Business Insider on Thursday, 31 December, “The VanEck Bitcoin Trust would reflect the performance of the MVIS CryptoCompare Bitcoin Benchmark Rate.”