Ethereum is currently on bullish momentum. At 09:03 EST on Friday, 5 February, Ethereum is at $1,713.57 and up by 6.32% in the last 12 hours.
Ethereum Range
Over the last six hours, Ethereum’s higher value was $1,713.57 and the lower value was $1,646.17.
Over the last twelve hours, Ethereum’s higher value was $1,713.57 and the lower value was $1,611.74.
Regarding Ethereum’s daily lows, it’s 8.57% up from its trailing 24-hour low of $1,578.31
In relation to Ethereum’s yearly highs and lows, it’s 1700.347% up from its 52-week low and 0.001% down from its 52-week high.
Volatility
Ethereum’s last day, last week, and last month’s average volatility was 4.15%, 5.74%, and 5.96%, respectively.
Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 8.15%, 8.90%, and 12.74%, respectively.
Last news about Ethereum
Ethereum catapults to new all-time high past $1,600 as investors pile in ahead of next week’s launch of CME futures. According to Business Insider on Thursday, 4 February, “Although the trade seems to be partly fueled by speculation, a major factor driving demand is the Chicago Mercantile Exchange’s launch of Ethereum futures on February 8.”, “Add in the fact that we’re entering one of the lowest yield environments in decades and DeFi lets anyone earn high yield, and of course more and more people will pour into the Ethereum space in order to engage with these popular applications,” Nazarov said.”
News about Bitcoin
Accelerate files preliminary prospectus for accelerate Bitcoin ETF. According to Business Insider on Wednesday, 3 February, “CALGARY, AB, Feb. 2, 2021 /CNW/ -Accelerate Financial Technologies Inc., (“Accelerate”) is pleased to announce that it has filed and obtained a receipt for a preliminary prospectus with the Canadian securities regulators for Accelerate Bitcoin ETF (“ABTC”).”
Goldman Sachs’s rahmani strikes warning over Bitcoin value. According to Bloomberg Quint on Wednesday, 3 February, “The wild swings in the price of Bitcoin prove it’s not a real unit of value, though blockchain technology “is here to stay,” according to Goldman Sachs Group Inc.’s Sharmin Mossavar-Rahmani.”, “Rahmani’s skepticism about Bitcoin’s intrinsic value echoes that of European Central Bank governing council member Gabriel Makhlouf, who said last month Bitcoin investors should be prepared to “lose all their money.” Still, the cryptocurrency has plenty of high-profile proponents.”
Bitcoin proselytizer saylor says over 1,000 firms join webinar. According to Bloomberg Quint on Wednesday, 3 February, “However, Bitcoin — the world’s largest digital asset — is still prone to volatile price moves, as seen this month, undermining the case for moving a company’s rainy day fund into an asset that has been known to witness single-session swings of more than 10% this year.”, “The firm has over $6 billion in Bitcoin between what’s in the door and what’s committed from institutions, he said. “
Klarna CEO cautions executives promoting Bitcoin investments. According to Bloomberg Quint on Thursday, 4 February, “Michael Saylor, CEO of MicroStrategy Inc. and a Bitcoin proselytizer, said this week at his company’s World Now global conference that he sees an “avalanche” of companies moving their cash into Bitcoin over the next 12 months.”
Bitcoin declines after bouncing off top of recent price range. According to Bloomberg Quint on Thursday, 4 February, “A strengthening dollar since the start of the year has kept Bitcoin stuck in a consolidation phase, but that could be ending soon, according to Ed Moya, senior market analyst at Oanda Corp.”