Ripple is currently on bearish momentum. At 09:03 EST on Tue 15 Dec, Ripple is at $0.48 and down by 5.45% in the last 12 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.49 and the lower value was $0.48.
Over the last twelve hours, Ripple’s higher value was $0.50 and the lower value was $0.48.
In relation to Ripple’s daily highs and lows, it’s 0.604% down from its trailing 24-hour low of $0.48 and 4.58% down from its trailing 24-hour high of $0.50.
In relation to the Ripple’s yearly highs and lows, it’s 314.509% up from its 52-week low and 37.878% down from its 52-week high.
News about Bitcoin
Massmutual joins the bitcoin club with $100 million purchase. According to The Wall Street Journal on Thu Dec 10, “Bitcoin, launched in January 2009, is a software program that operates across a network of linked but independent computers. “
What is bitcoin worth? little consensus in fragmented market. According to The Wall Street Journal on Sun Dec 13, “Bitcoin enthusiasts agree the digital currency hit a record recently. “, “Bitcoin and hundreds of other cryptocurrencies trade on independent exchanges around the world. “
Jpmorgan says massmutual’s bitcoin foray signals widening demand. According to Bloomberg Quint on Mon Dec 14, “At the same time, traditional investors like insurers and pension portfolios face regulatory hurdles relating to risk levels and liability mismatches, likely limiting how much they can put into Bitcoin, the JPMorgan strategists wrote.”, “The $100 million purchase suggests adoption of Bitcoin is spreading from family offices and wealthy investors to insurance firms and pension funds, strategists including Nikolaos Panigirtzoglou said in a note Friday. “