Ripple On Bearish Momentum: 15.57% Down In The Last 12 Hours

Ripple is currently on bearish momentum. At 22:05 EST on Fri 25 Dec, Ripple is at $0.31 and down by 15.57% in the last 12 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.32 and the lower value was $0.31.

Over the last twelve hours, Ripple’s higher value was $0.36 and the lower value was $0.30.

Concerning Ripple’s daily highs and lows, it’s 2.967% up from its trailing 24-hour low of $0.30 and 18.711% down from its trailing 24-hour high of $0.38.

Regarding Ripple’s yearly highs and lows, it’s 168.375% up from its 52-week low and 59.779% down from its 52-week high.

Last news about Ripple

US regulator charges ripple over its XRP asset, saying it’s a $1.3 billion unregistered offering, not a cryptocurrency. According to Business Insider on Wed Dec 23, “Two of Ripple’s lawyers on Tuesday said the SEC’s suit was without merit.”, “Ripple had begun its campaign against the SEC suit before it was even filed. “

High-flying crypto fund dumps XRP with ripple in SEC ‘hot water’. According to Bloomberg Quint on Wed Dec 23, “BI expects that Ripple will answer the agency’s complaint next quarter, and that a decision could come in early 2022.”, “Bitwise Asset Management is dumping what was the world’s third-largest cryptocurrency after Ripple Labs Inc. and its top executives were accused by U.S. regulators of selling more than $1 billion of unregistered virtual tokens.”

News about Bitcoin

 michael saylor, the CEO who turned a software company into a Bitcoin company. According to Bloomberg Quint on Thu Dec 24, “Then, as Bitcoin ran up, it bought more, and the stock has now soared thanks to the bet. “, “This past summer, the business intelligence software company MicroStrategy made waves when it put some of its extra cash into Bitcoin. “

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%. “, “Like Monty Python’s Black Knight, Bitcoin believers treat near-fatal volatility as mere flesh wounds. “

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, “Known as the leading cryptocurrency, Bitcoin has been a surprise success during the pandemic, quickly becoming a competitor to gold in some portfolios.”, “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.”