Ethereum is currently on bullish momentum. At 03:04 EST on Monday, 28 December, Ethereum is at $732.17 and up by 3.75% in the last 6 hours.
Ethereum Range
Over the last six hours, Ethereum’s higher value was $732.17 and the lower value was $701.66.
Over the last twelve hours, Ethereum’s higher value was $732.17 and the lower value was $677.15.
Concerning Ethereum’s daily lows, it’s 15.326% up from its trailing 24-hour low of $634.87
In relation to Ethereum’s yearly highs and lows, it’s 669.248% up from its 52-week low and 0.466% 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’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, “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, “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.”, “”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. “
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, “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.”, “Bitcoin has divided opinion as its price more than tripled in 2020 amid a worsening pandemic. “