Ripple On Bearish Momentum: 30.43% Down In The Last 12 Hours

Ripple is currently on bearish momentum. At 20:04 EST on Monday, 28 December, Ripple is at $0.23 and down by 30.43% in the last 12 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.25 and the lower value was $0.23.

Over the last twelve hours, Ripple’s higher value was $0.30 and the lower value was $0.23.

In relation to Ripple’s daily highs, it’s 23.333% down from its trailing 24-hour high of $0.30

About Ripple’s yearly highs and lows, it’s 99.826% up from its 52-week low and 70.052% down from its 52-week high.

Volatility

Ripple’s last day, last week, and last month’s average volatility was a negative 4.13%, a negative 2.09%, and a negative 0.17%, respectively.

Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 13.80%, 22.71%, and 13.91%, respectively.

News about Bitcoin

Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “The current market dynamics give big miners alternatives to places where Bitcoin are usually created such as China, Kazakhstan and Canada.”, “”We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway,” said Tyler Page, a business developer at Bitfury. “

Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, “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.”, “But with Bitcoin capturing greater attention, it could also garner further scrutiny from regulators, says Guy Hirsch, managing director for the U.S. at online-trading platform eToro. “

Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, “Bitcoin has divided opinion as its price more than tripled in 2020 amid a worsening pandemic. “, “Read more: Bitcoin Crushes Doubters as 224% Rally Proves It’s Here to Stay”

Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Mon Dec 28,