Ripple is currently on bearish momentum. At 19:03 EST on Monday, 22 February, Ripple is at $0.57 and down by 8.12% in the last 6 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.62 and the lower value was $0.57.
Over the last twelve hours, Ripple’s higher value was $0.62 and the lower value was $0.54.
Concerning Ripple’s daily highs and lows, it’s 7.623% up from its trailing 24-hour low of $0.53 and 10.875% down from its trailing 24-hour high of $0.64.
In relation to Ripple’s yearly highs and lows, it’s 0% down from its 52-week low and 0% down from its 52-week high.
Volatility
Ripple’s last day, last week, and last month’s average volatility was 6.01%, 5.59%, and 6.91%, respectively.
Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 9.81%, 13.25%, and 14.18%, respectively.
News about Bitcoin
Bitcoin is surging. americans still don’t get how it works. According to Bloomberg Quint on Saturday, 20 February, “Of the people familiar with cryptocurrencies,4% say they think Bitcoin will fall to $0, while 8% say they see it heading above $100,000.”
Elon Musk says Bitcoin and ethereum prices ‘seem high’. According to Bloomberg Quint on Saturday, 20 February, “Billionaire Elon Musk said the price of Bitcoin and Ethereum “seem high” as the cryptocurrencies reached new records.”, “He was replying to a tweet by Peter Schiff — a cryptocurrency skeptic and noted gold bug — who said the precious metal is better than Bitcoin and fiat money.”
According to Business Insider on Saturday, 20 February, “This means if Tesla owns the same amount of Bitcoin as it did on January 31, it made a paper profit of about $930 million since January. “, “Even JPMorgan is now touting a case for the price of bitcoin hitting $146,000, but a recent note published by the firm did suggest that Bitcoin was worth only $25,000 with such high levels of current volatility.”
According to Business Insider on Saturday, 20 February, “Its latest rally has largely been attributed to Tesla’s $1.5 billion purchase revealed in an SEC filing on Feb 8, sending Bitcoin up 16% on the day.”, “Schiff’s was quoting Musk’s tweet that Bitcoin was a “less dumb” version of cash.”
Social media buzz: musk on Bitcoin levels, ted cruz, gamestop. According to Bloomberg Quint on Saturday, 20 February, “Elon Musk said the price of Bitcoin and Ethereum “seem high” as the cryptocurrencies reached new records. “, “Musk earlier called Bitcoin a “less dumb” version of cash, and added, “Money is just data that allows us to avoid the inconvenience of barter.”
The BTC breakout continues as new Bitcoin ETF launches. According to Business Insider on Saturday, 20 February, “It’s called the Purpose Bitcoin ETF, and it trades under the symbol “BTCC”.”, “The post The BTC Breakout Continues as New Bitcoin ETF Launches appeared first on InvestorPlace.”
Bitcoin stocks are possibly the dumbest Bitcoin play. According to Bloomberg Quint on Sunday, 21 February, “The major incentive to do so is that if you run such a machine you can yourself get Bitcoin as a reward, and as the price rises the value of such a prize also climbs.”, “You’d think that since Bitcoin price, and ergo demand, keeps rising thenpeople would be clamoringto buy more rigs. “
Raging success of first Bitcoin fund shows who leads ETF market. According to Bloomberg Quint on Sunday, 21 February, “Meanwhile, there are plenty of industry watchers who would argue Canada isn’t truly first to the Bitcoin ETF. “, “I wouldn’t necessarily generalize the U.S. is always behind, it’s just Bitcoin is an incredibly hot topic and it might be a special case.”
Tesla is ideally positioned to become the world’s most important Bitcoin bank. According to Business Insider on Sunday, 21 February, “The Elon Musk Bank of Bitcoin is officially open for business – and don’t be shocked if business starts to boom.”
Bitcoin rally faces potential test from falling market liquidity. According to Bloomberg Quint on Monday, 22 February, “Market liquidity is currently much lower for Bitcoin than in gold or the S&P 500, which implies that even small flows can have a large price impact,” he wrote in a note on Friday.”, “That’s consistent with “much lower liquidity in Bitcoin than in gold,” he said.”
Forget Bitcoin or Tesla. muni bonds are the king of costly.. According to Bloomberg Quint on Monday, 22 February, “Believe it or not,the $3.9trillion municipal-bond market and Bitcoin have muchin common.”, “It’s certainly fair to argue that Bitcoin isn’t worth more than $50,000, or that shares of Tesla Inc. shouldn’t be trading at more than1,000 times earnings.”
Bitcoin ETF sellers in Sweden urged to avoid average consumers. According to Bloomberg Quint on Monday, 22 February, “Exchange-traded crypto-tracking products exist in Europe and a Bitcoin ETF opened in February in Canada. “, “Sweden is home to the largest Bitcoin exchanged-traded product: The $1.7 billion Bitcoin Tracker EUR, which invests in swap contracts to mirror the cryptocurrency’s returns, is listed on the Stockholm Stock Exchange.”
Bitcoin pulls back from record as prices give up weekend gains. According to Bloomberg Quint on Monday, 22 February, “In February alone, Bitcoin is up more than 60%, prompting commentary that the run-up is excessive. “, “It should go without saying that new investors to Bitcoin should be prepared for major volatility and for prices to drop suddenly and as sharply as they have risen,” according to Neil Wilson, chief analyst at Markets.com.”
According to Business Insider on Monday, 22 February, “At this point, our belief is: Bitcoin is not a question of if, but when,” Demirors said.”, “The size of the Bitcoin market recently shot past $1 trillion as it hit a record high of $58,354. “
Bitcoin plunges 8% as record-shattering rally succumbs to valuation fears. According to Business Insider on Monday, 22 February, “Based on our calculations, we estimate that Tesla so far has made roughly $1 billion of profit over the last month from its Bitcoin investment given the skyrocketing price of Bitcoin, which now tops a trillion of market value,” analyst Dan Ives wrote in a note published Saturday.”
Bitcoin tanks 10% after Elon Musk says prices seem high. According to CNBC on Monday, 22 February, “Tesla is “on a trajectory to make more from its Bitcoin investments than profits from selling its EV (electric vehicle) cars in all of 2020,” Ives estimated in a note published Saturday.”
According to MarketWatch on Monday, 22 February, “One major study indicated only a small percentage of Bitcoin transactions are used in illicit transactions, however, and supporters also point out the same is true of the dollar. “
Elon Musk’s Bitcoin tweet hurts Tesla’s own bet in currency. According to Bloomberg Quint on Monday, 22 February, “The estimated profit on the purchase was cut quickly when Bitcoin plunged as much as 17% on Monday. “, “That reflected a total worth of about $2.4 billion on Sunday’s Bitcoin price and of about $2 billion at Monday’s low.”
Bitcoin mine operator is said to plot dual listing via U.S. IPO. According to Bloomberg Quint on Monday, 22 February, “Northern Data AG, the operator of the world’s largest Bitcoin mine, is working with Credit Suisse Group AG on plans for a U.S. listing that could raise as much as $500 million, according to people familiar with the matter.”, “Led by Chief Executive Officer Aroosh Thillainathan, the firm started as a Bitcoin miner but later shifted to operating the mines on behalf of clients. “
Elon Musk loses $15 billion in a day after Bitcoin warning. According to Bloomberg Quint on Monday, 22 February, “Tesla’s decline was fueled in part by Musk’s comments over the weekend that the prices of Bitcoin and smaller rival Ether “do seem high.” His message — via his favored medium of Twitter — came two weeks after Tesla announced it has added $1.5 billion in Bitcoin to its balance sheet.”