Ripple On Bullish Momentum: 4.25% Up In The Last 6 Hours

Ripple is currently on bullish momentum. At 04:05 EST on Wednesday, 20 January, Ripple is at $0.30 and up by 4.25% in the last 6 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.30 and the lower value was $0.28.

Over the last twelve hours, Ripple’s higher value was $0.30 and the lower value was $0.28.

Regarding Ripple’s daily highs and lows, it’s 6.036% up from its trailing 24-hour low of $0.28 and 4.226% down from its trailing 24-hour high of $0.31.

Regarding Ripple’s yearly highs and lows, it’s 157.95% up from its 52-week low and 61.341% down from its 52-week high.

Volatility

Ripple’s last day, last week, and last month’s average volatility was a positive 3.34%, a positive 0.11%, and a negative 0.34%, respectively.

Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 14.86%, 8.92%, and 17.93%, respectively.

News about Bitcoin

Bitcoin retreats from $40,000 level strategists view as key. According to Bloomberg Quint on Monday, 18 January, “The JPMorgan strategists said Bitcoin was in a similar position in late November, except with $20,000 as the test. “, “The flow into the Grayscale Bitcoin Trust would likely need to sustain its $100 million per day pace over the coming days and weeks for such a breakout to occur,” the strategists wrote in a note on Friday.”

A record $3.7 billion in Bitcoin options are set to expire on January 29 as interest in cryptocurrencies surges. According to Business Insider on Monday, 18 January, “Analysts at JPMorgan last week said Bitcoin may need to break past $40,000 mark again in the near future if the price is to rise further. “, “Options contracts worth around 101,000 Bitcoin – or $3.7 billion at Monday’s prices – are to to expire on January 29, bybt.com’s data showed, although not every option will result in a trade. “

Coinshares is starting an exchange-traded Bitcoin product. According to Bloomberg Quint on Monday, 18 January, “CoinShares, a St. Helier, Jersey-based asset manager, is launching an exchange-traded Bitcoin product amid a fierce rally for the world’s largest digital currency.”, “The CoinShares Physical Bitcoin product will go live on Jan. 19 and be listed under the ticker BITC on the SIX Swiss Exchange. “

JPMorgan sees Bitcoin crossing $40k again in coming weeks, if this key condition is met. According to Business Insider on Tuesday, 19 January, “JPMorgan analysts see Bitcoin (BTC) continuing on its rally above the $40,000 mark, if the Grayscale Bitcoin Trust (OTC:GBTC) continues to sustain inflow above the $100 million mark every day in the coming weeks.”, “The investors who tend to follow market trends “could propagate the past week’s correction” and “momentum signals will naturally decay from here up till the end of March” if Bitcoin does not cross the $40,000 mark in the coming weeks, the analysts reportedly said.”

Bitcoin profit review : comprehensive sign up guide for Bitcoin profit app. According to Business Insider on Tuesday, 19 January, “MUST SEE: “Shocking New Bitcoin Billionaire Report – This May Change Mind”.”, “Nowadays, features are everything and the trading platform Bitcoin Profit contains significant features that help to distinguish itself from other trading platforms. “

Bofa clients with $561 billion say Bitcoin is most crowded trade. According to Bloomberg Quint on Tuesday, 19 January, “For the first time since 2017, Bank of America Corp. clients with $561 billion combined say Bitcoin is the world’s most crowded trade as speculative euphoria hits Wall Street.”

A $3 billion digital-asset investing trailblazer just launched an exchange-traded Bitcoin product in the midst of the cryptocurrency’s wild rally. According to Business Insider on Tuesday, 19 January, “CoinShares, one of the earliest digital asset investing firms, said on Tuesday it had launched an exchange-traded Bitcoin product.”, “The CoinShares Physical Bitcoin Product is set to be listed on Switzerland’s main stock exchange under the ticker symbol BITC. “

Bitcoin and U.S. tech stocks are the biggest market bubbles right now, investors say. According to CNBC on Tuesday, 19 January, “When asked specifically about the 12 month fate of Bitcoin and Tesla – a stock emblematic of a potential tech bubble – a majority of readers think that they are more likely to halve than double from these levels with Tesla more vulnerable according to readers,” Deutsche Bank said.”

Far right groups get Bitcoin windfall weeks before capitol riot. According to Bloomberg Quint on Tuesday, 19 January, “The entities’ normally anonymous encrypted Bitcoin addresses were public, making it relatively easy to trace the payments over the online ledger known as a blockchain that includes all the peer-to-peer transactions, Chainalysis said.”, “Last week, European Central Bank President Christine Lagarde said Bitcoin had been enabling “funny business.”