Ripple On Bearish Momentum: 9.16% Down In The Last 12 Hours

Ripple is currently on bearish momentum. At 16:04 EST on Tuesday, 16 February, Ripple is at $0.51 and down by 9.16% in the last 12 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.53 and the lower value was $0.51.

Over the last twelve hours, Ripple’s higher value was $0.56 and the lower value was $0.51.

Concerning Ripple’s daily highs and lows, it’s 0.608% up from its trailing 24-hour low of $0.51 and 9.982% down from its trailing 24-hour high of $0.57.

Regarding Ripple’s yearly highs and lows, it’s 345.786% up from its 52-week low and 33.19% down from its 52-week high.

Volatility

Ripple’s last day, last week, and last month’s average volatility was 8.25%, 7.11%, and 6.48%, respectively.

Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 15.05%, 12.70%, and 13.53%, respectively.

News about Bitcoin

According to Business Insider on Saturday, 13 February, “She added: “We want to make sure that we have a place for people who understand the benefits of Bitcoin to locate their business.”

Morgan stanley May bet on Bitcoin in $150 billion investment arm. According to Bloomberg Quint on Saturday, 13 February, “For Wall Street firms, an inability to offer Bitcoin to those clients raises the risk of losing them to other managers. “, “Even institutional investors, barred by the rules of their funds from holding Bitcoin directly, have turned to such trusts. “

Latest Bitcoin breakout highlights an overlooked opportunity. According to Business Insider on Saturday, 13 February, “The post Latest Bitcoin Breakout Highlights an Overlooked Opportunity appeared first on InvestorPlace.”

Bitcoin nears $50,000 as it reaches record in weekend action. According to Bloomberg Quint on Sunday, 14 February, “Bloomberg reported earlier that Morgan Stanley may bet on Bitcoin in its $150 billion investment arm, following news late last week that BNY Mellon plans to service cryptocurrencies for its clients. “

Bitcoin nears $50,000 as it hits a record in weekend action. According to Bloomberg Quint on Sunday, 14 February, “Bloomberg reported on Saturday that Morgan Stanley may bet on Bitcoin in its $150 billion investment arm, following news late last week that BNY Mellon plans to service cryptocurrencies for its clients.”

Bitcoin is nearing the $50,000 milestone after last week’s Tesla-fueled surged. According to Business Insider on Sunday, 14 February, “Last week, Bitcoin surged from around $37,000 to $47,000 as high-profile investors entered the fray. “, “Tesla bought $1.5 billion in Bitcoin in January, prompting at 16% surge after the purchase was disclosed Monday morning. “

Bitcoin retreats after weekend rally to record of nearly $50,000. According to Bloomberg Quint on Monday, 15 February, “Signs that the financial industry may widen its embrace of Bitcoin fueled the weekend jump.”

According to Business Insider on Monday, 15 February, “Big inflows into the Grayscale Bitcoin Trust are a sign that institutional investors are increasingly interested in cryptocurrency, analysts say, as many firms’ rules prevent them from buying up the tokens directly.”

China’s cryptocurrency stocks left behind in Bitcoin frenzy. According to Bloomberg Quint on Monday, 15 February, “The recent surge in Bitcoin price may suggest that digital currency and digital-asset trading platform concepts will be the ones that attract all investors. “, “Global crypto stocks have surged as Bitcoin more than quadrupled in value over the past year, with the Elwood index tracking blockchain-linked shares hitting an all-time high this month. “

Bitcoin extends its rally to an all-time high close to $50,000. According to Bloomberg Quint on Tuesday, 16 February, “It’s important to remember that Bitcoin never moves up in a straight line,” said Antoni Trenchev, managing partner and co-founder of Nexo in London, one of the biggest crypto lenders. “, “On one disputed narrative, Bitcoin is a kind of digital bullion that provides a store of value as well as a hedge for risks such as faster inflation. “

Bitcoin jumps to $50,000 as record-breaking rally accelerates. According to Bloomberg Quint on Tuesday, 16 February, “After ending last year with a fourth-quarter surge of 170% to around $29,000, Bitcoin token jumped to $40,000 seven days later. “, “Tesla Inc.’s announcement that it added $1.5 billion in Bitcoin to its balance sheet was the most visible recent catalyst, sending the price up 16% on Feb. 8, the biggest one-day gain since the Covid-19 inspired financial markets volatility in March. “

Microstrategy raises Bitcoin bet with more convertible bonds. According to Bloomberg Quint on Tuesday, 16 February, “The enterprise software maker announced a $600 million convertible bond offering Tuesday, with the intention of adding to its Bitcoin stash amid a surge that pushed the price of the world’s largest cryptocurrency past $50,000 for the first time. “