Ripple is currently on bearish momentum. At 23:03 EST on Monday, 1 February, Ripple is at $0.37 and down by 4.75% in the last 6 hours.
Ripple Range
Over the last six hours, Ripple’s higher value was $0.39 and the lower value was $0.35.
Over the last twelve hours, Ripple’s higher value was $0.41 and the lower value was $0.35.
Regarding Ripple’s daily highs and lows, it’s 5.771% up from its trailing 24-hour low of $0.35 and 48.583% down from its trailing 24-hour high of $0.72.
Regarding Ripple’s yearly highs and lows, it’s 221.633% up from its 52-week low and 51.797% down from its 52-week high.
Volatility
Ripple’s last day, last week, and last month’s average volatility was 11.84%, 10.17%, and 2.89%, respectively.
Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 28.29%, 20.84%, and 15.23%, respectively.
News about Bitcoin
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).”, “With Bitcoin you generally stand, at worst, to only lose your initial stake -unless, of course, you’ve borrowed to trade in the cryptocurrency too.”
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, “McCaleb’s attention turned to Bitcoin a few years later, after its creation in 2009. “, “I took maybe my most expensive plane ride” to Costa Rica, Vessenes said, referring to a flight that cost him 1,500 Bitcoin at the time, an airline ticket worth about $47.8 million at the current Bitcoin price.”
A rally in Bitcoin sparked by Elon Musk has almost evaporated. According to Bloomberg Quint on Monday, 1 February, “A jump in the price of Bitcoin sparked last week by Elon Musk’s Twitter profile had largely unwound by Monday.”, “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.”
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. “