Ripple is currently on bearish momentum. At 13:09 EST on Sunday, 27 December, Ripple is at $0.29 and down by 0% in the last 6 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.30 and the lower value was $0.29.
Over the last twelve hours, Ripple’s higher value was $0.30 and the lower value was $0.28.
In relation to Ripple’s daily highs and lows, it’s 3.571% up from its trailing 24-hour low of $0.28 and 3.333% down from its trailing 24-hour high of $0.30.
Concerning Ripple’s yearly highs and lows, it’s 151.955% up from its 52-week low and 62.24% down from its 52-week high.
Volatility
Ripple’s last day and last week average volatility is a negative 7.94% and a positive 13.52%, respectively. Ripple’s high and low amplitude percentage in the last week was 27.29%.
News about Bitcoin
michael saylor, the CEO who turned a software company into a Bitcoin company. According to Bloomberg Quint on Thu Dec 24, “We speak with MicroStrategy’s CEO, Michael Saylor, on why he thinks Bitcoin is the best reserve asset for any company.”, “Then, as Bitcoin ran up, it bought more, and the stock has now soared thanks to the bet. “
Bitcoin rally has already outlasted 2017 run. According to The Wall Street Journal on Thu Dec 24, “Bitcoin bulls say the money fueling this year’s rally is coming from more reliable sources than past rallies. “
Bitcoin crushes doubters as 224% rally proves it’s here to stay. According to Bloomberg Quint on Thu Dec 24, “Since Bitcoin’s market capitalization reached $1 billion in March 2013, there have been two cycles of spikes to record highs, followed by drawdowns of more than 80%. “, “There has been no substantial progress made on Bitcoin as a unit of exchange. “
Luxxfolio to acquire 590 Bitcoin miners. According to Business Insider on Thu Dec 24,
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.”, “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.””, “”It is one of the biggest developments in Bitcoin mining to look out for.””
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.”, “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.”