Ethereum is currently on bearish momentum. At 23:05 EST on Monday, 25 January, Ethereum is at $1,317.82 and down by 6.38% in the last 12 hours.
Ethereum Range
Over the last six hours, Ethereum’s higher value was $1,370.63 and the lower value was $1,317.82.
Over the last twelve hours, Ethereum’s higher value was $1,401.89 and the lower value was $1,317.82.
Regarding Ethereum’s daily highs, it’s 8.301% down from its trailing 24-hour high of $1,437.12
Concerning Ethereum’s yearly highs and lows, it’s 1284.555% up from its 52-week low and 7.993% down from its 52-week high.
Volatility
Ethereum’s last day, last week, and last month’s average volatility was a negative 5.07%, a positive 0.64%, and a positive 2.67%, respectively.
Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 12.48%, 15.27%, and 13.73%, respectively.
Last news about Ethereum
According to FX Empire on Monday, 25 January, “Chainlink (+6.47%) and Ethereum (+13.09%) also found support to buck the trend in the week.”
According to CNBC on Monday, 25 January, “Ether’s latest price movement was attributed to increased use of Ethereum – its underlying network that is undergoing a major upgrade – and interest from institutional investors in crypto.”, “Ether, the digital token of the Ethereum blockchain, notched a new all-time high of $1,476 early Monday morning. “
News about Bitcoin
Iran blames 1600 Bitcoin processing centers for massive blackouts in tehran and other cities. According to Business Insider on Saturday, 23 January, “The Iranian government has blamed Bitcoin and other forms of cryptocurrency for power outages across the country that have left millions in darkness.”, “Mohammad Hassan Motavalizadeh, the head of Tavanir, said that 45,000 illegal Bitcoin machines cheaply consuming 95MWh of electricity had been confiscated by the police, it also added.”
According to Business Insider on Saturday, 23 January, “And this was a Bitcoin OTC name that has been consolidating for months.”, “To demonstrate how he approaches swing trading, Hasson lays out his recent Bitcoin OTC trade on the podcast.”
Bitcoin outlook: my mantra for 2021 can make you money. According to Business Insider on Saturday, 23 January, “The post Bitcoin Outlook: My Mantra for 2021 Can Make You Money appeared first on InvestorPlace.”
Bitcoin return to $40,000 in doubt as grayscale fund flows slow. According to Bloomberg Quint on Monday, 25 January, “In a separate analysis, Adam James with OKEx Insights found at least some long-term Bitcoin holders — so-called “whales” — and miners likely sold to institutional investors during the 2020 rally, as the average age of coins traded rose starting in October and has remained elevated since.”, “They added that the “risk is that momentum traders will continue to unwind Bitcoin futures positions.”
80% of white respondents are aware of Bitcoin compared to 66% of hispanics and 61% of black respondents, new study by simplemoneylyfe. According to Business Insider on Monday, 25 January, “This includes numerous governments, financial institutions, and early Bitcoin investors/miners.”, “Male vs Female Bitcoin Awareness: According to another survey, 78% of male survey respondents reported being aware of Bitcoin, while only 71% of females were aware of this particular digital asset (18+ or Older).”
Stock alert: the9 jumps 25%, co. to buy Bitcoin mining machines. According to Business Insider on Monday, 25 January, “The9 announced that it signed five legally binding Memorandum of Understanding with five Bitcoin mining machine owners to purchase Bitcoin mining machines by the issuance of shares.”, “After the completion of the transaction, The9 is expected to own 26,007 Bitcoin mining machines, with a total hash rate of around 549PH/S.”
Crypto markets show more signs of excess amid Bitcoin rebound. According to Bloomberg Quint on Monday, 25 January, “The Bitcoin proselytizer then raised an additional $650 million through convertible senior notes to invest in the world’s largest cryptocurrency in December. “, “Although the premium on the more than $20 billion Grayscale Bitcoin Trust (GBTC) has declined, other funds face soaring markups as retail investors clamor for crypto exposure.”
Crypto hedge funds underperformed Bitcoin during rally last year. According to Bloomberg Quint on Monday, 25 January, “Actively managed cryptocurrency hedge-funds underperformed Bitcoin during the largest digital asset’s bull run last year, according to Crypto Fund Research.”, “It may also be that they have exposure to cryptos besides Bitcoin that have done well as well. “
According to Business Insider on Tuesday, 26 January, “Of the two, the Roth version might have an edge, says Bogner, especially “if you are of the mindset that Bitcoin is going to explode” in price in the future. “