Ethereum On Bullish Momentum: 8.65% Up In The Last 12 Hours

Ethereum is currently on bullish momentum. At 21:03 EST on Wednesday, 3 February, Ethereum is at $1,687.49 and up by 8.65% in the last 12 hours.

Ethereum Range

Over the last six hours, Ethereum’s higher value was $1,687.49 and the lower value was $1,627.53.

Over the last twelve hours, Ethereum’s higher value was $1,687.49 and the lower value was $1,553.08.

Concerning Ethereum’s daily lows, it’s 10.573% up from its trailing 24-hour low of $1,526.13

Regarding Ethereum’s yearly highs and lows, it’s 1672.946% up from its 52-week low and 0% down from its 52-week high.

Volatility

Ethereum’s last day, last week, and last month’s average volatility was 10.68%, 5.47%, and 5.91%, respectively.

Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 13.22%, 9.22%, and 13.49%, respectively.

Last news about Ethereum

According to FX Empire on Monday, 1 February, “Cardano’s ADA (-5.44%), Chainlink (-4.45%), and Ethereum (-4.79%) also saw relatively heavy losses.”

According to Bloomberg Quint on Wednesday, 3 February, “In the background, Ether could also be affected by progress toward an upgrade of the affiliated Ethereum blockchain so it can process more transactions. “

According to Business Insider on Wednesday, 3 February, “The second-largest cryptocurrency by market cap Ethereum (ETH) touched its all-time high on Tuesday evening and was trading 12.01% higher at $1,549.12. “

News about Bitcoin

A rally in Bitcoin sparked by Elon Musk has almost evaporated. According to Bloomberg Quint on Monday, 1 February, “The cryptocurrency surged as much as 16% Friday, touching $38,627, after Musk changed his Twitter profile to “#bitcoin.” While the reference was still visible Monday, Bitcoin was back at around $33,600 as of 2 p.m. in Tokyo.”, “The wider Bloomberg Galaxy Crypto Index, which includes Bitcoin and second-ranked Ether, dipped 2%.”

Musk says he’s a Bitcoin ‘supporter,’ buffeting price again. According to Bloomberg Quint on Monday, 1 February, “Elon Musk once again sent ripples through the price of Bitcoin after declaring that he’s a supporter of the largest cryptocurrency.”, “Some argue Bitcoin is winning a wider investor base because it’s muscling in on gold as a hedge for risks such as dollar weakness or faster inflation. “

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”).”

Bitcoin proselytizer saylor says over 1,000 firms join webinar. According to Bloomberg Quint on Wednesday, 3 February, “According to Saylor, 1,400 firms signed up for the session on Bitcoin legal considerations.”, “Saylor is among the crypto proponents who have seized on a narrative — that Federal Reserve policies are equal to money printing — to promote the notion that Bitcoin is a store of wealth even though inflation remains mostly muted. “