Ripple is currently on bearish momentum. At 23:07 EST on Tuesday, 29 December, Ripple is at $0.20 and down by 7.94% in the last 6 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.22 and the lower value was $0.20.
Over the last twelve hours, Ripple’s higher value was $0.24 and the lower value was $0.18.
In relation to Ripple’s daily highs and lows, it’s 11.944% up from its trailing 24-hour low of $0.18 and 16.042% down from its trailing 24-hour high of $0.24.
Concerning Ripple’s yearly highs and lows, it’s 75.065% up from its 52-week low and 73.763% down from its 52-week high.
Volatility
Ripple’s last day, last week, and last month’s average volatility was a negative 12.22%, a negative 4.18%, and a negative 1.60%, respectively.
Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 42.05%, 29.60%, and 15.11%, respectively.
News about Bitcoin
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sunday, 27 December, “Having coin flowing from the Nordic region helps reduce the political risk profile of Bitcoin.”, “”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 Sunday, 27 December, “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. “, “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. “
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Monday, 28 December, “Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,150 as of 1 p.m. in Tokyo. “, “Others question Bitcoin’s validity as an investment and point to the digital currency’s history of wild rallies followed by crashes.”
Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Monday, 28 December, “Edward Moya, senior market analyst at Oanda, says demand for Bitcoin is “relentless.””, “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 mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Monday, 28 December, “On Sunday, bitcoin briefly jumped past $28,000, just one day after passing $27,000 for the first time. “, “Marathon’s gains come as the company announced its purchasing 70,000 bitcoin mining rigs called Antminers from Bitmain for $170 million. “
Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tuesday, 29 December, “Bitcoin(BTC) rally seems headed for abreather in early January, as per Newton Advisors President Mark Newton.”, “Grayscale Bitcoin Trust (OTC:GBTC) and Grayscale Ethereum Trust (OTC:ETHE) closed 11.33% and 4.32% higher at $30.45 and $16.90 on Monday, respectively.”
Bitcoin looks to gain traction in payments. According to The Wall Street Journal on Tuesday, 29 December, “Despite those inroads, industry watchers say bitcoin must gain traction as a form of payment to become more ubiquitous. “, “The dealership recently sold two high-end sports cars-a 2017 Pagani Huayra Roadster and a2019 Bugatti Chiron-to a customer who paid more than $6 million in bitcoin, according to owner Nick Dossa, who says about 3% to 5% of the dealership’s revenue comes from bitcoin transactions.”