Ethereum On Bearish Momentum: 12.98% Down In The Last 12 Hours

Ethereum is currently on bearish momentum. At 05:06 EST on Monday, 11 January, Ethereum is at $1,128.15 and down by 12.98% in the last 12 hours.

Ethereum Range

Over the last six hours, Ethereum’s higher value was $1,128.15 and the lower value was $1,039.80.

Over the last twelve hours, Ethereum’s higher value was $1,274.62 and the lower value was $1,039.80.

In relation to Ethereum’s daily highs and lows, it’s 8.497% up from its trailing 24-hour low of $1,039.80 and 14.634% down from its trailing 24-hour high of $1,321.55.

About Ethereum’s yearly highs and lows, it’s 1085.281% up from its 52-week low and 16.305% down from its 52-week high.

Volatility

Ethereum’s last day, last week, and last month’s average volatility was a negative 0.12%, a positive 7.93%, and a positive 2.68%, respectively.

Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 18.38%, 17.54%, and 8.86%, respectively.

Last news about Ethereum

According to FX Empire on Friday, 8 January, “Binance Coin (+3.14%), Crypto.com Coin (+5.31%), Ethereum (+1.21%), and Litecoin (+0.18%) also avoided the red on the day.”

According to FX Empire on Monday, 11 January, “Binance Coin (-3.54%), Crypto.com Coin (-1.34%), Ethereum (-2.04%), Litecoin (-4.32%), and Ripple’s XRP (-3.16%) also struggled, however.”, “Chainlink (+18.11%) and Ethereum (+28.02%) also saw solid gains, while Litecoin rose by just 5.43%.”

News about Bitcoin

White-knuckle Bitcoin rally powers crypto’s best week since 2017. According to Bloomberg Quint on Friday, 8 January, “Cryptocurrencies are on course for their biggest weekly surge since the last bubble in Bitcoin peaked about three years ago, ahead of a spectacular crash.”, “The potential for “upside of historic proportions” suggests investors should keep buying Bitcoin and Ether, according to Rich Ross, a technical strategist at Evercore ISI.”

Billionaire investor chamath palihapitiya predicted Tesla stock will triple and Bitcoin will soar 5-fold in a recent interview. here are the 15 best quotes.. According to Business Insider on Saturday, 9 January, “Billionaire investor Chamath Palihapitiya predicted Tesla stock will double or triple and Bitcoin will soar five-fold during an interview on CNBC’s “Halftime Report” this week.”, “It’s probably going to $100,000, then $150,000, then $200,000.” – Palihapitiya didn’t specify a timeframe, saying it could take five or 10 years for Bitcoin to reach those prices.”

According to Business Insider on Saturday, 9 January, “MicroStrategy started a chain reaction when it bought $425 million worth of bitcoin in August and September, Jimmy Nguyen, president of the Bitcoin Association, told Insider. “

I won the race to Bitcoin 40k … and so can you. According to Business Insider on Saturday, 9 January, “The post I Won the Race to Bitcoin 40K … and So Can You appeared first on InvestorPlace.”

Darknet drug dealers have been accused of hiding a Bitcoin stash that’s now worth $16 million. they bought an old fishing boat and a squid permit to conceal their crime, say US attorneys.. According to Business Insider on Sunday, 10 January, “The 391.5873617 Bitcoin was worth about $16 million on Sunday morning, more than 10 times times what it was when it was discovered during a raid in the Ventura, California, in 2019. “, “Early this month, Square CEO Jack Dorsey, a vocal Bitcoin owner and promoter, posted a guide to setting up a similar offline wallet.”

Two-day Bitcoin plunge shakes faith in cryptocurrency boom. According to Bloomberg Quint on Monday, 11 January, “The white-knuckle Bitcoin ride took another twist Monday as a two-day tumble in the digital currency stoked concern that the polarizing cryptocurrency boom may run out of steam.”, “Others worry that the rally is untethered from reason and fueled by vast swathes of fiscal and monetary stimulus, with Bitcoin unlikely to ever serve as a viable currency alternative.”

JPMorgan strategists say U.S. ETF could sap Bitcoin price. According to Bloomberg Quint on Monday, 11 January, “The JPMorgan strategists said introduction of a Bitcoin ETF should be positive for the cryptocurrency in the longer term.”, “A cascade of GBTC outflows and a collapse of its premium would likely have negative near-term implications for Bitcoin given the flow and signaling importance of GBTC,” they said Friday.”