Ethereum On Bearish Momentum: 0.33% Down In The Last 6 Hours

Ethereum is currently on bearish momentum. At 09:05 EST on Sunday, 27 December, Ethereum is at $644.96 and down by 0.33% in the last 6 hours.

Ethereum Range

Over the last six hours, Ethereum’s higher value was $647.06 and the lower value was $634.87.

Over the last twelve hours, Ethereum’s higher value was $650.74 and the lower value was $634.87.

Regarding Ethereum’s daily highs and lows, it’s 2.614% up from its trailing 24-hour low of $628.53 and 0.888% down from its trailing 24-hour high of $650.74.

Regarding Ethereum’s yearly highs and lows, it’s 577.621% up from its 52-week low and 4.284% 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

 michael saylor, the CEO who turned a software company into a Bitcoin company. According to Bloomberg Quint on Thu Dec 24, “Then, as Bitcoin ran up, it bought more, and the stock has now soared thanks to the bet. “, “We speak with MicroStrategy’s CEO, Michael Saylor, on why he thinks Bitcoin is the best reserve asset for any company.”

Bitcoin rally has already outlasted 2017 run. According to The Wall Street Journal on Thu Dec 24, “Bitcoin bulls say the money fueling this year’s rally is coming from more reliable sources than past rallies. “

Bitcoin crushes doubters as 224% rally proves it’s here to stay. According to Bloomberg Quint on Thu Dec 24, “Talking Gold and Bitcoin with Anthony “Pomp” Pompliano”, “Bitcoin just won’t go away. “

Luxxfolio to acquire 590 Bitcoin miners. According to Business Insider on Thu Dec 24,

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, “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.”, “Known as the leading cryptocurrency, Bitcoin has been a surprise success during the pandemic, quickly becoming a competitor to gold in some portfolios.”

Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “”This year’s energy prices were particularly low as Bitcoin prices have increased.””, “The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled.”