Ethereum On Bearish Momentum: 7.09% Down In The Last 24 Hours

Ethereum is currently on bearish momentum. At 20:03 EST on Sunday, 31 January, Ethereum is at $1,280.55 and down by 7.09% in the last 24 hours.

Ethereum Range

Over the last six hours, Ethereum’s higher value was $1,314.86 and the lower value was $1,280.55.

Over the last twelve hours, Ethereum’s higher value was $1,347.18 and the lower value was $1,280.55.

About Ethereum’s daily highs, it’s 6.62% down from its trailing 24-hour high of $1,371.33

In relation to Ethereum’s yearly highs and lows, it’s 1245.398% up from its 52-week low and 10.595% down from its 52-week high.

Volatility

Ethereum’s last day, last week, and last month’s average volatility was a negative 0.47%, a positive 1.68%, and a positive 2.28%, respectively.

Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 5.56%, 10.37%, and 14.03%, respectively.

Last news about Ethereum

According to Business Insider on Saturday, 30 January, “In the same time that bitcoin is up a little over 200%, Ethereum has jumped closer to 300%.”

News about Bitcoin

Bitcoin investors May lose everything, central banker warns. According to Bloomberg Quint on Friday, 29 January, “On Friday, Bitcoin rallied above $35,000, with brokers attributing the move to Elon Musk mentioning the cryptocurrency in his bio page on Twitter.”, “Still, Makhlouf doesn’t see “financial stability issues at the moment arising from Bitcoin itself.”

Bitcoin has leapt 17% after billionaire Elon Musk changes his twitter bio to ‘#Bitcoin’. According to Business Insider on Friday, 29 January, “Clearly the move is being cheered by the Bitcoin bulls,” he said, and called the market’s feverish trading around hot securities like Bitcoin and GameStop “risky.”

Evolve files preliminary prospectus for Bitcoin ETF. According to Business Insider on Friday, 29 January, “TORONTO, Jan. 29, 2021 /CNW/ – EvolveFunds Group Inc.(“Evolve”)is pleased to announce that it has filed a preliminary prospectus with the Canadian securities regulators for the Bitcoin ETF (“EBIT” or “the Fund”). “, “The Fund’s holdings will be priced based on the CME CF Bitcoin Reference Rate, a once-a-day benchmark index price for bitcoin denominated in U.S. dollars.”

What Bitcoin teaches us about risky investing. According to Bloomberg Quint on Saturday, 30 January, “Whether you believe Bitcoin is inherently worthlessor could eventually head for $650,000, there is little doubt that it has become an asset class of great interest to investors (though perhaps for different reasons than the financial world’s latest obsession: GameStop).”, “Bloomberg Wealth has also written a couple of “how to” guides on Bitcoin investing.”

Bitcoin could be like the faang stocks for the next decade – but it will take more than the buy-in of the retail army to get it there, an investment chief says. According to Business Insider on Saturday, 30 January, “The “SkyBridge Bitcoin Fund” was launched so that the fund got in before bitcoin’s price soars even higher.”, “I imagine the risk for Bitcoin is one that none of us are going to identify.”

‘trillion dollar’ mt. gox demise as told by a Bitcoin insider. According to Bloomberg Quint on Sunday, 31 January, “Gox seems even more important, as the loss of over 850,000 Bitcoin in 2014 was perhaps the closest the digital currency came to dying. “, “He’s currently working on a project to embed Bitcoin into bank notes, and other blockchain-based ideas.”