Ethereum On Bullish Momentum: 10.11% Up In The Last 12 Hours

Ethereum is currently on bullish momentum. At 00:04 EST on Tuesday, 12 January, Ethereum is at $1,094.99 and up by 10.11% in the last 12 hours.

Ethereum Range

Over the last six hours, Ethereum’s higher value was $1,094.99 and the lower value was $1,055.28.

Over the last twelve hours, Ethereum’s higher value was $1,094.99 and the lower value was $985.87.

Concerning Ethereum’s daily highs and lows, it’s 14.135% up from its trailing 24-hour low of $959.38 and 2.939% down from its trailing 24-hour high of $1,128.15.

About Ethereum’s yearly highs and lows, it’s 1050.441% up from its 52-week low and 18.765% down from its 52-week high.

Volatility

Ethereum’s last day, last week, and last month’s average volatility was a negative 1.49%, a positive 3.81%, and a positive 2.95%, respectively.

Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 12.82%, 15.12%, and 9.34%, respectively.

Last news about Ethereum

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

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, “According to the US attorneys: “The defendant Bitcoin was derived from the sales of illegal drugs, including fentanyl patches and opioids dispensed without prescription, on the Darknet between 2016 and 2019.”, “Without further information, it’s difficult to say exactly how the Bitcoin was stored, but it seems clear that it was in a wallet meant to keep it offline. “

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.”, “True believers in Bitcoin argue the difference this time is the asset has matured with the entry of institutional investors and is increasingly seen as a legitimate hedge against dollar weakness and inflation risk. “

JPMorgan strategists say U.S. ETF could sap Bitcoin price. According to Bloomberg Quint on Monday, 11 January, “Some commentators view approval of a Bitcoin ETF in the U.S. as more likely with changing leadership at the Securities and Exchange Commission. “, “The JPMorgan strategists said introduction of a Bitcoin ETF should be positive for the cryptocurrency in the longer term.”

Bitcoin falls to a one-week low, as a stronger dollar and investor nerves strip off nearly $140 billion in total cryptocurrency market cap. According to Business Insider on Monday, 11 January, “The correlation between Bitcoin and the dollar index is at -0.95, meaning that the two are more likely to move inversely to one another than not. “, “Some of the anarchy froth supporting Bitcoin after anti-government types stormed Capitol Hill is receding a touch. “

Cryptocurrency investors could ‘lose all their money’, UK regulator warns as Bitcoin price drops from all-time high. According to Business Insider on Monday, 11 January, “Memories of the collapse in the Bitcoin price between late 2017 and early 2019 – when it dropped from almost $20,000 to below $4,000 – are weighing on regulators’ minds.”, “Consumers who invest in cryptocurrencies could well “lose all their money”, the UK’s financial regulator has warned, as the volatile Bitcoin price slides back from an all-time high of almost $42,000.”

Bitcoin and Tesla have gotten the fed’s attention. According to Bloomberg Quint on Monday, 11 January, “The S&P 500 Index wobbled on Monday as yields climbed past 1.13% but remained relativelyresilient considering the sharp drop in Bitcoin and Tesla. “, “But on the way to reaching those goals, there’sa level of rampant speculation in asset prices that even the Fed will seek to stymie, whether in Bitcoin or Tesla, the ARK Innovation exchange-traded fundor special-purpose acquisition companies. “

On technical charts, Bitcoin really is an asset like no other. According to Bloomberg Quint on Monday, 11 January, “The coin’s 20-day moving average has thus far provided a support level throughout its uptrend, though Bitcoin remains overbought, according to the GTI gauge.”, “It “blows the doors off prior bubbles,” the strategists wrote in a Friday note, asking whether Bitcoin is “the Mother-of-all-bubbles.”