Ripple is currently on bearish momentum. At 03:07 EST on Monday, 28 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 $0.29 and the lower value was $0.29.
Over the last twelve hours, Ripple’s higher value was $0.29 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.
Regarding 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 4.13% and a positive 12.83%, respectively. Ripple’s high and low amplitude percentage in the last week was 27.47%.
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’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.”
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “”We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway,” said Tyler Page, a business developer at Bitfury. “, “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, “While none of those reasons for buying Bitcoin comport with its origins as an alternative to fiat currencies, they do point to a growing acceptance of crypto as an asset class of its own. “, “But with Bitcoin capturing greater attention, it could also garner further scrutiny from regulators, says Guy Hirsch, managing director for the U.S. at online-trading platform eToro. “
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, “Others question Bitcoin’s validity as an investment and point to the digital currency’s history of wild rallies followed by crashes.”, “Read more: Bitcoin Crushes Doubters as 224% Rally Proves It’s Here to Stay”