Ripple is currently on bullish momentum. At 21:06 EST on Tuesday, 29 December, Ripple is at $0.22 and up by 9.46% in the last 12 hours.
Over the last six hours, Ripple’s higher value was $0.22 and the lower value was $0.22.
Over the last twelve hours, Ripple’s higher value was $0.24 and the lower value was $0.18.
About Ripple’s daily highs and lows, it’s 19.556% up from its trailing 24-hour low of $0.18 and 10.333% down from its trailing 24-hour high of $0.24.
In relation to Ripple’s yearly highs and lows, it’s 86.968% up from its 52-week low and 71.979% down from its 52-week high.
Ripple’s last day, last week, and last month’s average volatility was a negative 14.11%, a negative 3.51%, and a negative 0.80%, respectively.
Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 27.82%, 25.44%, and 14.33%, respectively.
News about Bitcoin
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sunday, 27 December, “”We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway,” said Tyler Page, a business developer at Bitfury. “, “”It is one of the biggest developments in Bitcoin mining to look out for.””
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sunday, 27 December, “Janet Yellen, who’s been nominated to serve as Treasury secretary in Biden’s administration, has in recent years cautioned investors over Bitcoin, saying it was a “highly speculative asset” and “not a stable store of value.” A representative didn’t immediately return a request seeking comment.”, “While none of those reasons for buying Bitcoin comport with its origins as an alternative to fiat currencies, they do point to a growing acceptance of crypto as an asset class of its own. “
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Monday, 28 December, “Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,150 as of 1 p.m. in Tokyo. “, “Bitcoin has divided opinion as its price more than tripled in 2020 amid a worsening pandemic. “
Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Monday, 28 December, “Bitcoin is on track for its longest monthly winning streak in more than a year after touching a record above $28,000 over the weekend.”, “”Bitcoin is still the trendy trade on Wall Street and that might not go away,” Moya wrote in a note Monday. “
Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Monday, 28 December, “The company anticipates this addition will increase the cost efficiency of bitcoin mining, and keep the Riot competitive as the available supply of mining hardwire becomes increasingly scarce.”, “In recent days bitcoin mining companies have announced major purchases of new equipment.”
Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tuesday, 29 December, “Grayscale Bitcoin Trust (OTC:GBTC) and Grayscale Ethereum Trust (OTC:ETHE) closed 11.33% and 4.32% higher at $30.45 and $16.90 on Monday, respectively.”, “See Also: MicroStrategy Now Holds 70,470 Bitcoin After Spending $1.1B in 2020”
Bitcoin looks to gain traction in payments. According to The Wall Street Journal on Tuesday, 29 December, “Despite those inroads, industry watchers say bitcoin must gain traction as a form of payment to become more ubiquitous. “, “Companies like Robinhood Markets Inc. and PayPal Holdings Inc. allowed their customers to buy and sell bitcoin.”