Ripple is currently on bearish momentum. At 22:06 EST on Tuesday, 29 December, Ripple is at $0.20 and down by 7.71% in the last 6 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.22 and the lower value was $0.20.
Over the last twelve hours, Ripple’s higher value was $0.24 and the lower value was $0.18.
In relation to Ripple’s daily highs and lows, it’s 12.389% up from its trailing 24-hour low of $0.18 and 15.708% down from its trailing 24-hour high of $0.24.
About Ripple’s yearly highs and lows, it’s 75.76% up from its 52-week low and 73.659% down from its 52-week high.
Volatility
Ripple’s last day, last week, and last month’s average volatility was a negative 12.22%, a negative 4.18%, and a negative 1.60%, respectively.
Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 42.05%, 29.60%, and 15.11%, respectively.
News about Bitcoin
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sunday, 27 December, “Having coin flowing from the Nordic region helps reduce the political risk profile of Bitcoin.”, “”It is one of the biggest developments in Bitcoin mining to look out for.””
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sunday, 27 December, “”What’s happening now — and it’s happening faster than anyone could ever imagine — is that Bitcoin is moving from a fringe esoteric asset to the mainstream,” said Matt Hougan, chief investment officer of Bitwise Asset Management. “, “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 Monday, 28 December, “Bitcoin has divided opinion as its price more than tripled in 2020 amid a worsening pandemic. “, “Bitcoin is on track for its longest monthly winning streak in more than a year after touching a record above $28,000 over the weekend.”
Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Monday, 28 December, “Others question Bitcoin’s validity as an investment and point to the digital currency’s history of wild rallies followed by crashes.”, “Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,260 as of 9:25 a.m. in New York. “
Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Monday, 28 December, “Shares of bitcoin mining companies Riot Blockchain and Marathon Patent Group soared on Monday morning following bitcoin’s record holiday weekend rally. “, “In recent days bitcoin mining companies have announced major purchases of new equipment.”
Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tuesday, 29 December, “See Also: MicroStrategy Now Holds 70,470 Bitcoin After Spending $1.1B in 2020”, “Grayscale Bitcoin Trust (OTC:GBTC) and Grayscale Ethereum Trust (OTC:ETHE) closed 11.33% and 4.32% higher at $30.45 and $16.90 on Monday, respectively.”
Bitcoin looks to gain traction in payments. According to The Wall Street Journal on Tuesday, 29 December, “Companies like Robinhood Markets Inc. and PayPal Holdings Inc. allowed their customers to buy and sell bitcoin.”, “Bitcoin, introduced in 2008, was designed to operate as a form of electronic cash, allowing users to exchange value as quickly and cheaply as sending an email. “