Ripple is currently on bullish momentum. At 11:03 EST on Wednesday, 30 December, Ripple is at $0.23 and up by 6.08% in the last 6 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.23 and the lower value was $0.22.
Over the last twelve hours, Ripple’s higher value was $0.23 and the lower value was $0.20.
About Ripple’s daily highs and lows, it’s 28.944% up from its trailing 24-hour low of $0.18 and 3.292% down from its trailing 24-hour high of $0.24.
Regarding Ripple’s yearly highs and lows, it’s 101.651% up from its 52-week low and 69.779% 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, “”This year’s energy prices were particularly low as Bitcoin prices have increased.””, “The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled.”
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. “, “Janet Yellen, who’s been nominated to serve as Treasury secretary in Biden’s administration, has in recent years cautioned investors over Bitcoin, saying it was a “highly speculative asset” and “not a stable store of value.” A representative didn’t immediately return a request seeking comment.”
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Monday, 28 December, “Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,150 as of 1 p.m. in Tokyo. “, “Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.”
Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Monday, 28 December, “”Bitcoin is still the trendy trade on Wall Street and that might not go away,” Moya wrote in a note Monday. “, “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, “In recent days bitcoin mining companies have announced major purchases of new equipment.”, “Last week CleanSpark announced its adding 1,000 bitcoin miners to its mining fleet.”
Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tuesday, 29 December, “Bitcoin(BTC) rally seems headed for abreather in early January, as per Newton Advisors President Mark Newton.”, “Basing his analysis on another chart, which uses three disparate Bitcoin cycles, Newton said, “All those years where we had a stellar Q4 we reversed course in trend back in late December, early January, and actually went lower.””
Bitcoin looks to gain traction in payments. According to The Wall Street Journal on Tuesday, 29 December, “The dealership recently sold two high-end sports cars-a 2017 Pagani Huayra Roadster and a2019 Bugatti Chiron-to a customer who paid more than $6 million in bitcoin, according to owner Nick Dossa, who says about 3% to 5% of the dealership’s revenue comes from bitcoin transactions.”, “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, “Read more: Bitcoin Crushes Doubters as 224% Rally Proves It’s Here to Stay”, “Bitcoin has almost quadrupled in value this year amid the global coronavirus pandemic, while the wider Bloomberg Galaxy Crypto Index tracking the largest digital currencies is up about 270% as rival coins such as Ether have also rallied.”
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.”