Ethereum On Bullish Momentum: 7.39% Up In The Last 6 Hours

Ethereum is currently on bullish momentum. At 14:04 EST on Sunday, 27 December, Ethereum is at $692.61 and up by 7.39% in the last 6 hours.

Ethereum Range

Over the last six hours, Ethereum’s higher value was $694.78 and the lower value was $644.96.

Over the last twelve hours, Ethereum’s higher value was $694.78 and the lower value was $634.87.

About Ethereum’s daily highs and lows, it’s 9.462% up from its trailing 24-hour low of $632.74 and 0.312% down from its trailing 24-hour high of $694.78.

Concerning Ethereum’s yearly highs and lows, it’s 627.684% up from its 52-week low and 2.286% 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, “This past summer, the business intelligence software company MicroStrategy made waves when it put some of its extra cash into Bitcoin. “, “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, “Bitcoin just won’t go away. “, “But to bet against Bitcoin recovering from the next crash is to bet against experience. “

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, “However, Bitcoin investors – known for their unquenchable optimism – think this is just the start.”, “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. “, “Having coin flowing from the Nordic region helps reduce the political risk profile of Bitcoin.”

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.”, “While none of those reasons for buying Bitcoin comport with its origins as an alternative to fiat currencies, they do point to a growing acceptance of crypto as an asset class of its own. “