Ripple is currently on bullish momentum. At 12:05 EST on Wednesday, 17 February, Ripple is at $0.55 and up by 10.55% in the last 12 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.55 and the lower value was $0.53.
Over the last twelve hours, Ripple’s higher value was $0.55 and the lower value was $0.50.
Concerning Ripple’s daily highs and lows, it’s 10.26% up from its trailing 24-hour low of $0.50 and 0.236% up from its trailing 24-hour high of $0.55.
About Ripple’s yearly highs and lows, it’s 378.975% up from its 52-week low and 28.216% 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, “Amid a renewed buzz around cryptocurrencies, Bitcoin is nearing the $50,000 milestone, a would-be record high. “, “Last week, Bitcoin surged from around $37,000 to $47,000 as high-profile investors entered the fray. “
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, “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. “, “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.”
Bitcoin jumps to $50,000 as record-breaking rally accelerates. According to Bloomberg Quint on Tuesday, 16 February, “After ending last year with a fourth-quarter surge of 170% to around $29,000, Bitcoin token jumped to $40,000 seven days later. “, “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. “
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. “
Bitcoin jumps to all-time high as cryptocurrency fever continues. According to Bloomberg Quint on Wednesday, 17 February, “There are a number of reasons why Bitcoin is soaring, but what stands out most is the trend that MicroStrategy started and Tesla popularised: moving institutional balance sheets into Bitcoin to hedge against inflation,” said Nicholas Pelecanos, head of trading at NEM.”
Bitcoin scales $51,000 for the first time amid crypto fever. According to Bloomberg Quint on Wednesday, 17 February, “There are a number of reasons why Bitcoin is soaring, but what stands out most is the trend that MicroStrategy started and Tesla popularised: moving institutional balance sheets into Bitcoin to hedge against inflation,” said Nicholas Pelecanos, head of trading at NEM.”, “Activity in Bitcoin futures suggests traders don’t see a sudden end to the crypto rally, with spreads continuing to widen between the active contract and March futures, according to data compiled by Bloomberg.”
According to Business Insider on Wednesday, 17 February, “The UK’s Financial Conduct Authority said 199 firms – from Bitcoin ATM operators to online exchanges – had applied to register with it in the year to January after the watchdog tightened its supervision of the sector.”
Bitcoin smashes through $51,000 to hit a new all-time high. According to CNBC on Wednesday, 17 February, “Strategists at JPMorgan said in a note Tuesday that, unless bitcoin’s volatility starts to ebb, its current price “looks unsustainable.” Bitcoin and other cryptocurrencies have gained a reputation for their extreme price swings.”
According to Business Insider on Wednesday, 17 February, “The Evolve Bitcoin ETF seeks to provide investors with exposure to the daily price movements of the US dollar price of bitcoin. “, “Will the SEC finally decide that the time is right for a Bitcoin ETF?”