Ethereum On Bearish Momentum: 4.09% Down In The Last 6 Hours

Ethereum is currently on bearish momentum. At 01:03 EST on Saturday, 6 February, Ethereum is at $1,659.97 and down by 4.09% in the last 6 hours.

Ethereum Range

Over the last six hours, Ethereum’s higher value was $1,727.90 and the lower value was $1,659.97.

Over the last twelve hours, Ethereum’s higher value was $1,727.90 and the lower value was $1,659.97.

Regarding Ethereum’s daily highs and lows, it’s 0.955% up from its trailing 24-hour low of $1,644.27 and 4.465% down from its trailing 24-hour high of $1,737.56.

Concerning Ethereum’s yearly highs and lows, it’s 1644.032% up from its 52-week low and 4.475% down from its 52-week high.

Volatility

Ethereum’s last day, last week, and last month’s average volatility was 7.77%, 5.92%, and 5.89%, respectively.

Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 10.14%, 8.84%, and 12.62%, respectively.

Last news about Ethereum

Ethereum catapults to new all-time high past $1,600 as investors pile in ahead of next week’s launch of CME futures. According to Business Insider on Thursday, 4 February, “Grayscale Investments, the world’s largest cryptocurrency fund manager, this week added an extra 25,000 ETH coins, bringing its total Ethereum holdings to $4.5 billion. “, “Ether, the native cryptocurrency of the Ethereum network, pierced a new all-time high on Thursday, bringing its year-to-date rally to 128%.”

Bitcoin, ethereum technical analysis: bid into a busy weekend. According to DailyFX on Friday, 5 February, “In anticipation of the listing, Ethereum rallied throughout the week to continually punch up to even higher all-time-highs. “, “Should Ethereum pull back, there could be some possible opportunity for analysis to enter the equation. “

News about Bitcoin

Accelerate files preliminary prospectus for accelerate Bitcoin ETF. According to Business Insider on Wednesday, 3 February, “CALGARY, AB, Feb. 2, 2021 /CNW/ -Accelerate Financial Technologies Inc., (“Accelerate”) is pleased to announce that it has filed and obtained a receipt for a preliminary prospectus with the Canadian securities regulators for Accelerate Bitcoin ETF (“ABTC”).”

Goldman Sachs’s rahmani strikes warning over Bitcoin value. According to Bloomberg Quint on Wednesday, 3 February, “Rahmani’s skepticism about Bitcoin’s intrinsic value echoes that of European Central Bank governing council member Gabriel Makhlouf, who said last month Bitcoin investors should be prepared to “lose all their money.” Still, the cryptocurrency has plenty of high-profile proponents.”, “Despite doubters on Wall Street, the unceasing buzz over Bitcoin is leading more banks to develop cryptocurrency products for clients. “

Bitcoin proselytizer saylor says over 1,000 firms join webinar. According to Bloomberg Quint on Wednesday, 3 February, “The firm has over $6 billion in Bitcoin between what’s in the door and what’s committed from institutions, he said. “, “According to Saylor, 1,400 firms signed up for the session on Bitcoin legal considerations.”

Klarna CEO cautions executives promoting Bitcoin investments. According to Bloomberg Quint on Thursday, 4 February, “Michael Saylor, CEO of MicroStrategy Inc. and a Bitcoin proselytizer, said this week at his company’s World Now global conference that he sees an “avalanche” of companies moving their cash into Bitcoin over the next 12 months.”

Bitcoin declines after bouncing off top of recent price range. According to Bloomberg Quint on Thursday, 4 February, “A strengthening dollar since the start of the year has kept Bitcoin stuck in a consolidation phase, but that could be ending soon, according to Ed Moya, senior market analyst at Oanda Corp.”

Only 15% of Bitcoin traders are women, broker study shows. According to Bloomberg Quint on Friday, 5 February, “As Bitcoin prices boomed over the past year, with millions of people around the world signing up for day-trading accounts during the pandemic, it remains largely a hobby of young men. “, “said the percentage of women holding Bitcoin on its platform increased from just 10% a year ago.”

According to Business Insider on Friday, 5 February, “The price of Bitcoin skyrocketed in 2020, prompting a wave of new investors to sign up to various trading platforms. “