Ethereum is currently on bullish momentum. At 16:03 EST on Monday, 28 December, Ethereum is at $732.71 and up by 8.2% in the last 24 hours.
Ethereum Range
Over the last six hours, Ethereum’s higher value was $742.91 and the lower value was $729.77.
Over the last twelve hours, Ethereum’s higher value was $742.91 and the lower value was $723.95.
Concerning Ethereum’s daily highs and lows, it’s 8.205% up from its trailing 24-hour low of $677.15 and 1.373% down from its trailing 24-hour high of $742.91.
In relation to Ethereum’s yearly highs and lows, it’s 669.815% up from its 52-week low and 1.695% down from its 52-week high.
Volatility
Ethereum’s last day, last week, and last month’s average volatility was 7.36%, 0.96%, and 0.94%, respectively.
Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 13.22%, 8.60%, and 6.57%, respectively.
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, “”This year’s energy prices were particularly low as Bitcoin prices have increased.””, “The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled.”
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, “Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,150 as of 1 p.m. in Tokyo. “, “Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.”
Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Mon Dec 28,
