Ripple is currently on bearish momentum. At 05:03 EST on Tuesday, 29 December, Ripple is at $0.22 and down by 4.55% in the last 6 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.23 and the lower value was $0.22.
Over the last twelve hours, Ripple’s higher value was $0.25 and the lower value was $0.22.
About Ripple’s daily highs, it’s 26.667% down from its trailing 24-hour high of $0.30
Concerning Ripple’s yearly highs and lows, it’s 91.138% up from its 52-week low and 71.354% down from its 52-week high.
Volatility
Ripple’s last day, last week, and last month’s average volatility was a negative 14.11%, a negative 3.51%, and a negative 0.80%, respectively.
Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 27.82%, 25.44%, and 14.33%, respectively.
News about Bitcoin
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “The current market dynamics give big miners alternatives to places where Bitcoin are usually created such as China, Kazakhstan and Canada.”, “Having coin flowing from the Nordic region helps reduce the political risk profile of Bitcoin.”
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, “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. “, “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.”
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, “Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,150 as of 1 p.m. in Tokyo. “, “Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.”
Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Mon Dec 28, “Edward Moya, senior market analyst at Oanda, says demand for Bitcoin is “relentless.””, “Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.”
Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Mon Dec 28,
Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tue Dec 29, “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.”, “At press-time Bitcoin traded 1.26% lower at $26,845.73 and Ethereum traded 1.06% higher at $715.97.”