Ethereum is currently on bullish momentum. At 20:04 EST on Sunday, 27 December, Ethereum is at $706.59 and up by 0.37% in the last 6 hours.
Ethereum Range
Over the last six hours, Ethereum’s higher value was $706.59 and the lower value was $677.15.
Over the last twelve hours, Ethereum’s higher value was $706.59 and the lower value was $644.96.
Regarding Ethereum’s daily lows, it’s 11.297% up from its trailing 24-hour low of $634.87
Regarding Ethereum’s yearly highs and lows, it’s 642.372% up from its 52-week low and 0.65% down from its 52-week high.
Volatility
Ethereum’s last day and last week average volatility is a positive 1.51% and a positive 4.31%, respectively. Ethereum’s high and low amplitude percentage in the last week was 7.87%.
News about Bitcoin
Bitcoin surges to fresh record high and looks set to break the $25,000 level: ‘merry bitmas’. According to Business Insider on Fri Dec 25, “Known as the leading cryptocurrency, Bitcoin has been a surprise success during the pandemic, quickly becoming a competitor to gold in some portfolios.”, “Bitcoin’s market cap could reach $1 trillion sometime in 2021, according to Garrick Hileman, head of research at Blockchain.com, if investors take its reserve currency status more seriously.”
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “”There is a very important strategic shift away from mining in China to mining in western countries like Sweden as Bitcoin investors become more public and want more stability and critical safety,” said Salter at Genesis. “, “The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled.”
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, “But for Bitcoin, 2020 has been a marvelous time.”, “Janet Yellen, who’s been nominated to serve as Treasury secretary in Biden’s administration, has in recent years cautioned investors over Bitcoin, saying it was a “highly speculative asset” and “not a stable store of value.” A representative didn’t immediately return a request seeking comment.”
