Ripple is currently on bearish momentum. At 08:03 EST on Monday, 1 February, Ripple is at $0.58 and down by 7.43% in the last 6 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.72 and the lower value was $0.58.
Over the last twelve hours, Ripple’s higher value was $0.72 and the lower value was $0.48.
About Ripple’s daily highs and lows, it’s 32.773% up from its trailing 24-hour low of $0.44 and 18.861% down from its trailing 24-hour high of $0.72.
Concerning Ripple’s yearly highs and lows, it’s 407.559% up from its 52-week low and 23.932% down from its 52-week high.
Volatility
Ripple’s last day, last week, and last month’s average volatility was 11.84%, 10.17%, and 2.89%, respectively.
Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 28.29%, 20.84%, and 15.23%, respectively.
News about Bitcoin
Bitcoin investors May lose everything, central banker warns. According to Bloomberg Quint on Friday, 29 January, “On Friday, Bitcoin rallied above $35,000, with brokers attributing the move to Elon Musk mentioning the cryptocurrency in his bio page on Twitter.”, “Still, Makhlouf doesn’t see “financial stability issues at the moment arising from Bitcoin itself.”
Bitcoin has leapt 17% after billionaire Elon Musk changes his twitter bio to ‘#Bitcoin’. According to Business Insider on Friday, 29 January, “Clearly the move is being cheered by the Bitcoin bulls,” he said, and called the market’s feverish trading around hot securities like Bitcoin and GameStop “risky.”
Evolve files preliminary prospectus for Bitcoin ETF. According to Business Insider on Friday, 29 January, “TORONTO, Jan. 29, 2021 /CNW/ – EvolveFunds Group Inc.(“Evolve”)is pleased to announce that it has filed a preliminary prospectus with the Canadian securities regulators for the Bitcoin ETF (“EBIT” or “the Fund”). “, “The Fund’s holdings will be priced based on the CME CF Bitcoin Reference Rate, a once-a-day benchmark index price for bitcoin denominated in U.S. dollars.”
What Bitcoin teaches us about risky investing. According to Bloomberg Quint on Saturday, 30 January, “With Bitcoin you generally stand, at worst, to only lose your initial stake -unless, of course, you’ve borrowed to trade in the cryptocurrency too.”, “Whether you believe Bitcoin is inherently worthlessor could eventually head for $650,000, there is little doubt that it has become an asset class of great interest to investors (though perhaps for different reasons than the financial world’s latest obsession: GameStop).”
Bitcoin could be like the faang stocks for the next decade – but it will take more than the buy-in of the retail army to get it there, an investment chief says. According to Business Insider on Saturday, 30 January, “The “SkyBridge Bitcoin Fund” was launched so that the fund got in before bitcoin’s price soars even higher.”, “I imagine the risk for Bitcoin is one that none of us are going to identify.”
‘trillion dollar’ mt. gox demise as told by a Bitcoin insider. According to Bloomberg Quint on Sunday, 31 January, “In early 2013, Peter Vessenes was in his Seattle office working on a deal to obtain the North American customer operations of the world’s largest Bitcoin exchange at the time, Mt. “, “He said there is room for many blockchains, and that he still values Bitcoin for its superior privacy protections compared to other blockchains that enable Ethereum, XRP or Polkadot. “
A rally in Bitcoin sparked by Elon Musk has almost evaporated. According to Bloomberg Quint on Monday, 1 February, “A jump in the price of Bitcoin sparked last week by Elon Musk’s Twitter profile had largely unwound by Monday.”, “Some argue Bitcoin is winning a wider investor base because it’s muscling in on gold as a hedge for risks such as dollar weakness or faster inflation. “
Musk says he’s a Bitcoin ‘supporter,’ buffeting price again. According to Bloomberg Quint on Monday, 1 February, “Elon Musk once again sent ripples through the price of Bitcoin after declaring that he’s a supporter of the largest cryptocurrency.”, “Some argue Bitcoin is winning a wider investor base because it’s muscling in on gold as a hedge for risks such as dollar weakness or faster inflation. “