Ethereum On Bearish Momentum: 4.44% Down In The Last 6 Hours

Ethereum is currently on bearish momentum. At 23:05 EST on Tuesday, 19 January, Ethereum is at $1,350.78 and down by 4.44% in the last 6 hours.

Ethereum Range

Over the last six hours, Ethereum’s higher value was $1,410.78 and the lower value was $1,350.78.

Over the last twelve hours, Ethereum’s higher value was $1,424.72 and the lower value was $1,350.78.

Regarding Ethereum’s daily highs and lows, it’s 3.499% up from its trailing 24-hour low of $1,305.12 and 5.47% down from its trailing 24-hour high of $1,428.94.

Regarding Ethereum’s yearly highs and lows, it’s 1319.185% up from its 52-week low and 5.692% down from its 52-week high.

Volatility

Ethereum’s last day, last week, and last month’s average volatility was 9.55%, 4.13%, and 2.82%, respectively.

Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 14.17%, 11.71%, and 12.21%, respectively.

Last news about Ethereum

According to FX Empire on Sunday, 17 January, “Bitcoin Cash SV (-2.05%), Crypto.com Coin (+2.27%), Ethereum (-0.19%), and Polkadot (-0.52%) struggled early on.”

According to FX Empire on Monday, 18 January, “Crypto.com Coin and Ethereum saw relatively modest losses of 2.7% and 1.8% respectively.”

According to Bloomberg Quint on Tuesday, 19 January, “The Ethereum blockchain is popular for so-called decentralized finance and is also making progress toward a network upgrade. “

According to CNBC on Tuesday, 19 January, “The Ethereum blockchain – a digital ledger of transactions in the cryptocurrency- began a major upgrade late last year called Ethereum 2.0. “

News about Bitcoin

Bitcoin retreats from $40,000 level strategists view as key. According to Bloomberg Quint on Monday, 18 January, “The pattern of demand for Bitcoin futures and the $22.9 billion Grayscale Bitcoin Trust will help determine the outlook, they added.”, “The flow into the Grayscale Bitcoin Trust would likely need to sustain its $100 million per day pace over the coming days and weeks for such a breakout to occur,” the strategists wrote in a note on Friday.”

A record $3.7 billion in Bitcoin options are set to expire on January 29 as interest in cryptocurrencies surges. According to Business Insider on Monday, 18 January, “Germany’s BTCetc Bitcoin Exchange Traded Crypto has seen trading volumes of more than €50 million ($60 million) per day on average so far this year according to Deutsche Boerse. “, “Deribit – the exchange that currently facilitates the most Bitcoin options trading – began offering the products in 2018. “

Coinshares is starting an exchange-traded Bitcoin product. According to Bloomberg Quint on Monday, 18 January, “It launched a regulated Bitcoin investment vehicle in 2015, when the coin traded around $400.”, “The CoinShares Physical Bitcoin product will go live on Jan. 19 and be listed under the ticker BITC on the SIX Swiss Exchange. “

JPMorgan sees Bitcoin crossing $40k again in coming weeks, if this key condition is met. According to Business Insider on Tuesday, 19 January, “JPMorgan analysts see Bitcoin (BTC) continuing on its rally above the $40,000 mark, if the Grayscale Bitcoin Trust (OTC:GBTC) continues to sustain inflow above the $100 million mark every day in the coming weeks.”, “Read Next: Bitcoin Rally Pause Gives DeFi, Smart Contract Cryptos The Time To Shine”

Bitcoin profit review : comprehensive sign up guide for Bitcoin profit app. According to Business Insider on Tuesday, 19 January, “MUST SEE: “Shocking New Bitcoin Billionaire Report – This May Change Mind”.”, “Once deposited money is in Bitcoin Profit account, traders can start making a profit daily with the chance to reinvest that money to keep increasing profit. “

Bofa clients with $561 billion say Bitcoin is most crowded trade. According to Bloomberg Quint on Tuesday, 19 January, “For the first time since 2017, Bank of America Corp. clients with $561 billion combined say Bitcoin is the world’s most crowded trade as speculative euphoria hits Wall Street.”

A $3 billion digital-asset investing trailblazer just launched an exchange-traded Bitcoin product in the midst of the cryptocurrency’s wild rally. According to Business Insider on Tuesday, 19 January, “CoinShares, one of the earliest digital asset investing firms, said on Tuesday it had launched an exchange-traded Bitcoin product.”, “The CoinShares Physical Bitcoin Product is set to be listed on Switzerland’s main stock exchange under the ticker symbol BITC. “

Bitcoin and U.S. tech stocks are the biggest market bubbles right now, investors say. According to CNBC on Tuesday, 19 January, “When asked specifically about the 12 month fate of Bitcoin and Tesla – a stock emblematic of a potential tech bubble – a majority of readers think that they are more likely to halve than double from these levels with Tesla more vulnerable according to readers,” Deutsche Bank said.”

Far right groups get Bitcoin windfall weeks before capitol riot. According to Bloomberg Quint on Tuesday, 19 January, “The entities’ normally anonymous encrypted Bitcoin addresses were public, making it relatively easy to trace the payments over the online ledger known as a blockchain that includes all the peer-to-peer transactions, Chainalysis said.”, “Last week, European Central Bank President Christine Lagarde said Bitcoin had been enabling “funny business.”