Ripple is currently on bullish momentum. At 08:03 EST on Wednesday, 30 December, Ripple is at $0.22 and up by 6.12% 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 $0.22 and the lower value was $0.20.
About Ripple’s daily highs and lows, it’s 19.5% up from its trailing 24-hour low of $0.18 and 10.375% down from its trailing 24-hour high of $0.24.
Concerning Ripple’s yearly highs and lows, it’s 86.881% up from its 52-week low and 71.992% 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, “”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. “, “”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, “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.”, “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 Monday, 28 December, “Bitcoin has divided opinion as its price more than tripled in 2020 amid a worsening pandemic. “, “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, “Bitcoin has divided opinion as its price more than tripled in 2020 amid a worsening pandemic. “, “Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,260 as of 9:25 a.m. in New York. “
Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Monday, 28 December, “The company anticipates this addition will increase the cost efficiency of bitcoin mining, and keep the Riot competitive as the available supply of mining hardwire becomes increasingly scarce.”, “As bitcoin’s price increases, new bitcoin mining devices become more difficult and expensive to procure. “
Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tuesday, 29 December, “Basing his analysis on another chart, which uses three disparate Bitcoin cycles, Newton said, “All those years where we had a stellar Q4 we reversed course in trend back in late December, early January, and actually went lower.””, “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, “Companies like Robinhood Markets Inc. and PayPal Holdings Inc. allowed their customers to buy and sell bitcoin.”, “Many of the companies that tried accepting bitcoin in 2014 and 2015, including Expedia Group Inc. and Dell Inc., later quietly dropped it.”
Bitcoin hits new record, set for biggest monthly gain since 2019. According to Bloomberg Quint on Wednesday, 30 December, “Bitcoin, the world’s largest cryptocurrency, is on track to close out a banner year with another bang.”, “”While a growing institutional presence has been part of the narrative of the current bull run, we may see increased retail interest in Bitcoin as a form of digital gold,” Paolo Ardoino, chief technology officer of crypto exchange Bitfinex said in an email.”
South African Bitcoin trader under liquidation, business day says. According to Bloomberg Quint on Wednesday, 30 December, “A provisional liquidation order has been granted against a South African Bitcoin trading company that is said to have received about 9.45 billion rand ($644 million) from as many as 280,000 investors, Business Day reported.”