Ripple is currently on bearish momentum. At 10:03 EST on Tue 15 Dec, Ripple is at $0.47 and down by 6.35% in the last 12 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.49 and the lower value was $0.47.
Over the last twelve hours, Ripple’s higher value was $0.50 and the lower value was $0.47.
In relation to Ripple’s daily highs and lows, it’s 0.255% up from its trailing 24-hour low of $0.47 and 5.76% down from its trailing 24-hour high of $0.50.
In relation to the Ripple’s yearly highs and lows, it’s 309.383% up from its 52-week low and 38.646% down from its 52-week high.
News about Bitcoin
Massmutual joins the bitcoin club with $100 million purchase. According to The Wall Street Journal on Thu Dec 10, “Bitcoin, launched in January 2009, is a software program that operates across a network of linked but independent computers. “
What is bitcoin worth? little consensus in fragmented market. According to The Wall Street Journal on Sun Dec 13, “Bitcoin enthusiasts agree the digital currency hit a record recently. “, “Bitcoin and hundreds of other cryptocurrencies trade on independent exchanges around the world. “
Jpmorgan says massmutual’s bitcoin foray signals widening demand. According to Bloomberg Quint on Mon Dec 14, “The $100 million purchase suggests adoption of Bitcoin is spreading from family offices and wealthy investors to insurance firms and pension funds, strategists including Nikolaos Panigirtzoglou said in a note Friday. “, “If pension funds and insurance companies in the U.S., euro area, U.K. and Japan allocate 1% of assets to Bitcoin, that would result in additional Bitcoin demand of $600 billion, the strategists said. “