Ripple is currently on bullish momentum. At 06:03 EST on Wednesday, 30 December, Ripple is at $0.22 and up by 6.06% 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 $0.22 and the lower value was $0.20.
Concerning Ripple’s daily highs and lows, it’s 21.556% up from its trailing 24-hour low of $0.18 and 8.833% down from its trailing 24-hour high of $0.24.
Concerning Ripple’s yearly highs and lows, it’s 90.096% up from its 52-week low and 71.51% 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, “”It is one of the biggest developments in Bitcoin mining to look out for.””, “”This year’s energy prices were particularly low as Bitcoin prices have increased.””
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sunday, 27 December, “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. “, “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 Monday, 28 December, “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 climbed as much as 3.6% on Monday and was trading at about $27,150 as of 1 p.m. in Tokyo. “
Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Monday, 28 December, “Bitcoin has divided opinion as its price more than tripled in 2020 amid a worsening pandemic. “, “Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.”
Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Monday, 28 December, “Marathon’s gains come as the company announced its purchasing 70,000 bitcoin mining rigs called Antminers from Bitmain for $170 million. “, “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”, “Bitcoin(BTC) rally seems headed for abreather in early January, as per Newton Advisors President Mark Newton.”
Bitcoin looks to gain traction in payments. According to The Wall Street Journal on Tuesday, 29 December, “Many of the companies that tried accepting bitcoin in 2014 and 2015, including Expedia Group Inc. and Dell Inc., later quietly dropped it.”, “Companies like Robinhood Markets Inc. and PayPal Holdings Inc. allowed their customers to buy and sell bitcoin.”
Bitcoin hits new record, set for biggest monthly gain since 2019. According to Bloomberg Quint on Wednesday, 30 December, “Bitcoin rose as much as 6.2% to $28,572.10 in Asia trading and is on track for its biggest monthly gain since May 2019.”, “The latest price surge continues to divide opinion between those who view cryptocurrencies as a hedge against dollar weakness and inflation risk, and others who question Bitcoin’s validity as an asset class given its speculative nature and boom-and-bust cycles.”
South African Bitcoin trader under liquidation, business day says. According to Bloomberg Quint on Wednesday, 30 December, “A provisional liquidation order has been granted against a South African Bitcoin trading company that is said to have received about 9.45 billion rand ($644 million) from as many as 280,000 investors, Business Day reported.”