Ripple is currently on bearish momentum. At 16:09 EST on Sunday, 27 December, Ripple is at $0.28 and down by 7.14% in the last 6 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.30 and the lower value was $0.28.
Over the last twelve hours, Ripple’s higher value was $0.30 and the lower value was $0.28.
Regarding Ripple’s daily highs, it’s 6.667% down from its trailing 24-hour high of $0.30
In relation to Ripple’s yearly highs and lows, it’s 143.267% up from its 52-week low and 63.542% 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, “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, “There has been no substantial progress made on Bitcoin as a unit of exchange. “, “Talking Gold and Bitcoin with Anthony “Pomp” Pompliano”
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 has a current market cap of about $350 billion, while that of gold’s stands at roughly $10 trillion.”
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “The current market dynamics give big miners alternatives to places where Bitcoin are usually created such as China, Kazakhstan and Canada.”, “Having coin flowing from the Nordic region helps reduce the political risk profile of Bitcoin.”
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, “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.”, “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. “
