Ripple is currently on bearish momentum. At 22:03 EST on Thursday, 4 February, Ripple is at $0.44 and down by 5.05% in the last 6 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.46 and the lower value was $0.44.
Over the last twelve hours, Ripple’s higher value was $0.46 and the lower value was $0.40.
Regarding Ripple’s daily highs and lows, it’s 16.289% up from its trailing 24-hour low of $0.38 and 3.935% down from its trailing 24-hour high of $0.46.
Regarding Ripple’s yearly highs and lows, it’s 283.927% up from its 52-week low and 42.461% down from its 52-week high.
Volatility
Ripple’s last day, last week, and last month’s average volatility was 6.55%, 13.36%, and 6.56%, respectively.
Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 10.48%, 23.48%, and 15.50%, respectively.
Last news about Ripple
According to Bloomberg Quint on Tuesday, 2 February, “XRP, the token at the center of a lawsuit brought by the U.S. Securities and Exchange Commission against Ripple Labs Inc., spiked 76% last week before paring gains. “
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, “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.”, “Paul Tudor Jones bought some as a hedge against central bank and government action, while Mike Novogratz and Alan Howard have both invested hundreds of millions of dollars in Bitcoin and other digital currencies. “
Bitcoin proselytizer saylor says over 1,000 firms join webinar. According to Bloomberg Quint on Wednesday, 3 February, “Saylor is among the crypto proponents who have seized on a narrative — that Federal Reserve policies are equal to money printing — to promote the notion that Bitcoin is a store of wealth even though inflation remains mostly muted. “, “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.”
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.”