Ethereum On Bullish Momentum: 11.32% Up In The Last 12 Hours

Ethereum is currently on bullish momentum. At 04:03 EST on Tuesday, 19 January, Ethereum is at $1,374.71 and up by 11.32% in the last 12 hours.

Ethereum Range

Over the last six hours, Ethereum’s higher value was $1,374.71 and the lower value was $1,305.12.

Over the last twelve hours, Ethereum’s higher value was $1,374.71 and the lower value was $1,234.88.

Concerning Ethereum’s daily lows, it’s 12.738% up from its trailing 24-hour low of $1,219.39

About Ethereum’s yearly highs and lows, it’s 1344.327% up from its 52-week low and 0.622% down from its 52-week high.

Volatility

Ethereum’s last day, last week, and last month’s average volatility was 2.20%, 2.12%, and 2.39%, respectively.

Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 6.08%, 11.61%, and 11.92%, 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. “

News about Bitcoin

Bitcoin retreats from $40,000 level strategists view as key. According to Bloomberg Quint on Monday, 18 January, “The JPMorgan strategists said Bitcoin was in a similar position in late November, except with $20,000 as the test. “, “The pattern of demand for Bitcoin futures and the $22.9 billion Grayscale Bitcoin Trust will help determine the outlook, they added.”

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, “Analysts at JPMorgan last week said Bitcoin may need to break past $40,000 mark again in the near future if the price is to rise further. “, “Options contracts worth around 101,000 Bitcoin – or $3.7 billion at Monday’s prices – are to to expire on January 29, bybt.com’s data showed, although not every option will result in a trade. “

Coinshares is starting an exchange-traded Bitcoin product. According to Bloomberg Quint on Monday, 18 January, “The CoinShares Physical Bitcoin product will go live on Jan. 19 and be listed under the ticker BITC on the SIX Swiss Exchange. “, “CoinShares, a St. Helier, Jersey-based asset manager, is launching an exchange-traded Bitcoin product amid a fierce rally for the world’s largest digital currency.”

JPMorgan sees Bitcoin crossing $40k again in coming weeks, if this key condition is met. According to Business Insider on Tuesday, 19 January, “The investors who tend to follow market trends “could propagate the past week’s correction” and “momentum signals will naturally decay from here up till the end of March” if Bitcoin does not cross the $40,000 mark in the coming weeks, the analysts reportedly said.”, “What Happened: If the institutional investors fail to take Bitcoin past the breakout mark, the subdued cryptocurrency rally could face a further setback, JPMorgan analysts are suggesting, as reported by Bloomberg.”