Ripple is currently on bearish momentum. At 23:03 EST on Tuesday, 16 February, Ripple is at $0.52 and down by 11.35% in the last 24 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.53 and the lower value was $0.51.
Over the last twelve hours, Ripple’s higher value was $0.53 and the lower value was $0.50.
In relation to Ripple’s daily highs and lows, it’s 3.12% up from its trailing 24-hour low of $0.50 and 9.544% down from its trailing 24-hour high of $0.57.
In relation to Ripple’s yearly highs and lows, it’s 347.958% up from its 52-week low and 32.865% down from its 52-week high.
Volatility
Ripple’s last day, last week, and last month’s average volatility was 5.40%, 7.10%, and 6.66%, respectively.
Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 17.82%, 14.04%, and 13.90%, respectively.
News about Bitcoin
Bitcoin nears $50,000 as it reaches record in weekend action. According to Bloomberg Quint on Sunday, 14 February, “Bloomberg reported earlier that Morgan Stanley may bet on Bitcoin in its $150 billion investment arm, following news late last week that BNY Mellon plans to service cryptocurrencies for its clients. “
Bitcoin nears $50,000 as it hits a record in weekend action. According to Bloomberg Quint on Sunday, 14 February, “Bloomberg reported on Saturday that Morgan Stanley may bet on Bitcoin in its $150 billion investment arm, following news late last week that BNY Mellon plans to service cryptocurrencies for its clients.”
Bitcoin is nearing the $50,000 milestone after last week’s Tesla-fueled surged. According to Business Insider on Sunday, 14 February, “Tesla bought $1.5 billion in Bitcoin in January, prompting at 16% surge after the purchase was disclosed Monday morning. “, “Amid a renewed buzz around cryptocurrencies, Bitcoin is nearing the $50,000 milestone, a would-be record high. “
Bitcoin retreats after weekend rally to record of nearly $50,000. According to Bloomberg Quint on Monday, 15 February, “Signs that the financial industry may widen its embrace of Bitcoin fueled the weekend jump.”
According to Business Insider on Monday, 15 February, “Big inflows into the Grayscale Bitcoin Trust are a sign that institutional investors are increasingly interested in cryptocurrency, analysts say, as many firms’ rules prevent them from buying up the tokens directly.”
China’s cryptocurrency stocks left behind in Bitcoin frenzy. According to Bloomberg Quint on Monday, 15 February, “The recent surge in Bitcoin price may suggest that digital currency and digital-asset trading platform concepts will be the ones that attract all investors. “, “Global crypto stocks have surged as Bitcoin more than quadrupled in value over the past year, with the Elwood index tracking blockchain-linked shares hitting an all-time high this month. “
Bitcoin extends its rally to an all-time high close to $50,000. According to Bloomberg Quint on Tuesday, 16 February, “A flurry of recent announcements indicates that Bitcoin is winning more mainstream attention, after Tesla’s purchase catapulted cryptocurrencies onto the agenda of corporate treasurers worldwide.”, “On one disputed narrative, Bitcoin is a kind of digital bullion that provides a store of value as well as a hedge for risks such as faster inflation. “
Bitcoin jumps to $50,000 as record-breaking rally accelerates. According to Bloomberg Quint on Tuesday, 16 February, “Tesla Inc.’s announcement that it added $1.5 billion in Bitcoin to its balance sheet was the most visible recent catalyst, sending the price up 16% on Feb. 8, the biggest one-day gain since the Covid-19 inspired financial markets volatility in March. “, “After ending last year with a fourth-quarter surge of 170% to around $29,000, Bitcoin token jumped to $40,000 seven days later. “
Microstrategy raises Bitcoin bet with more convertible bonds. According to Bloomberg Quint on Tuesday, 16 February, “The enterprise software maker announced a $600 million convertible bond offering Tuesday, with the intention of adding to its Bitcoin stash amid a surge that pushed the price of the world’s largest cryptocurrency past $50,000 for the first time. “
Corporate cfos not planning to buy Bitcoin, gartner survey shows. According to Bloomberg Quint on Tuesday, 16 February, “Most financial executives, including chief financial officers, are not planning to invest in Bitcoin as a corporate asset this year, according to a Gartner Inc. survey.”, “There are a lot of unresolved issues when it comes to the use of Bitcoin as a corporate asset. “
