Ethereum On Bullish Momentum: 3.7% Up In The Last 6 Hours

Ethereum is currently on bullish momentum. At 05:04 EST on Monday, 28 December, Ethereum is at $732.87 and up by 3.7% in the last 6 hours.

Ethereum Range

Over the last six hours, Ethereum’s higher value was $736.67 and the lower value was $706.72.

Over the last twelve hours, Ethereum’s higher value was $736.67 and the lower value was $683.21.

Regarding Ethereum’s daily highs and lows, it’s 15.436% up from its trailing 24-hour low of $634.87 and 0.516% down from its trailing 24-hour high of $736.67.

Concerning Ethereum’s yearly highs and lows, it’s 669.983% up from its 52-week low and 0.617% down from its 52-week high.

Volatility

Ethereum’s last day and last week average volatility is a positive 7.36% and a positive 4.97%, respectively. Ethereum’s high and low amplitude percentage in the last week was 8.97%.

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, “Bitcoin has a current market cap of about $350 billion, while that of gold’s stands at roughly $10 trillion.”, “Bitcoin is soaring once again, hitting a new record price of $24,661 on Friday, with investors declaring “Happy Bitmas,” on social media.”

Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “”We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway,” said Tyler Page, a business developer at Bitfury. “, “”It is one of the biggest developments in Bitcoin mining to look out for.””

Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, “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.”, “”What’s happening now — and it’s happening faster than anyone could ever imagine — is that Bitcoin is moving from a fringe esoteric asset to the mainstream,” said Matt Hougan, chief investment officer of Bitwise Asset Management. “

Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, “Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,150 as of 1 p.m. in Tokyo. “, “Read more: Bitcoin Crushes Doubters as 224% Rally Proves It’s Here to Stay”