Ripple is currently on bearish momentum. At 08:08 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 $0.30 and the lower value was $0.29.
Over the last twelve hours, Ripple’s higher value was $0.30 and the lower value was $0.29.
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.
About 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, “However, Bitcoin investors – known for their unquenchable optimism – think this is just the start.”, “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 current market dynamics give big miners alternatives to places where Bitcoin are usually created such as China, Kazakhstan and Canada.”
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.”
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.”, “Bitcoin has divided opinion as its price more than tripled in 2020 amid a worsening pandemic. “