Ripple is currently on bullish momentum. At 02:03 EST on Wed 16 Dec, Ripple is at $0.46 and up by 3.06% in the last 6 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.46 and the lower value was $0.44.
Over the last twelve hours, Ripple’s higher value was $0.48 and the lower value was $0.44.
In relation to Ripple’s daily highs and lows, it’s 4.068% up from its trailing 24-hour low of $0.44 and 6.551% down from its trailing 24-hour high of $0.49.
In relation to the Ripple’s yearly highs and lows, it’s 297.828% up from its 52-week low and 40.378% down from its 52-week high.
News about Bitcoin
What is Bitcoin worth? little consensus in fragmented market. According to The Wall Street Journal on Sun Dec 13, “Bitcoin enthusiasts agree the digital currency hit a record recently. “, “Bitcoin and hundreds of other cryptocurrencies trade on independent exchanges around the world. “
JPMorgan says massmutual’s Bitcoin foray signals widening demand. According to Bloomberg Quint on Mon Dec 14, “The $100 million purchase suggests adoption of Bitcoin is spreading from family offices and wealthy investors to insurance firms and pension funds, strategists including Nikolaos Panigirtzoglou said in a note Friday. “, “A recent investment in Bitcoin by Massachusetts Mutual Life Insurance Co. highlights the potential for additional institutional demand for the cryptocurrency in coming years, according to JPMorgan Chase & Co.”
Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, “Bitcoin Cash gained more than 9%, while the Bloomberg Galaxy Crypto Index advanced as much as 2%.”, “The largest have come from the region, with exchanges in North America getting net inflows of Bitcoin from other areas worldwide. “