Ripple is currently on bearish momentum. At 11:03 EST on Tuesday, 29 December, Ripple is at $0.18 and down by 17.38% in the last 6 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.21 and the lower value was $0.18.
Over the last twelve hours, Ripple’s higher value was $0.23 and the lower value was $0.18.
About Ripple’s daily highs and lows, it’s 0.611% down from its trailing 24-hour low of $0.18 and 36.107% down from its trailing 24-hour high of $0.28.
About Ripple’s yearly highs and lows, it’s 55.43% up from its 52-week low and 76.706% down from its 52-week high.
Volatility
Ripple’s last day, last week, and last month’s average volatility was a negative 14.11%, a negative 3.51%, and a negative 0.80%, respectively.
Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 27.82%, 25.44%, and 14.33%, respectively.
News about Bitcoin
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. “, “”This year’s energy prices were particularly low as Bitcoin prices have increased.””
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, “”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. “, “Clayton’s exit from the regulator is welcome news for crypto fans who saw him take a hard line over the years, suing to halt initial coin offerings, rejecting applications for Bitcoin exchange-traded funds and launching a last-minute lawsuit against Ripple Labs Inc. Gensler, who served as a Commodity Futures Trading Commission chairman during the Obama administration, is a senior advisor to the MIT Media Lab Digital Currency Initiative and teaches about blockchain technology and digital currencies.”
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. “, “Bitcoin is on track for its longest monthly winning streak in more than a year after touching a record above $28,000 over the weekend.”
Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Mon Dec 28, “Bitcoin has divided opinion as its price more than tripled in 2020 amid a worsening pandemic. “, “Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.”
Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Mon Dec 28, “Marathon’s gains come as the company announced its purchasing 70,000 bitcoin mining rigs called Antminers from Bitmain for $170 million. “, “Last week CleanSpark announced its adding 1,000 bitcoin miners to its mining fleet.”
Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tue Dec 29, “At press-time Bitcoin traded 1.26% lower at $26,845.73 and Ethereum traded 1.06% higher at $715.97.”, “Bitcoin(BTC) rally seems headed for abreather in early January, as per Newton Advisors President Mark Newton.”
Bitcoin looks to gain traction in payments. According to The Wall Street Journal on Tue Dec 29, “Many of the companies that tried accepting bitcoin in 2014 and 2015, including Expedia Group Inc. and Dell Inc., later quietly dropped it.”, “Despite those inroads, industry watchers say bitcoin must gain traction as a form of payment to become more ubiquitous. “