Ripple is currently on a bearish momentum. At 7:03 a.m. EST on Tuesday, December 29, Ripple is at $ 0.20 and down 15% in the last 12 hours.
Ripple range
In the past six hours, Ripple’s highest value was $ 0.22 and the bottom value was $ 0.20.
In the past twelve hours, Ripple’s highest value was $ 0.23, and the bottom value was $ 0.20.
As for Ripple’s daily highs, it is 33.333% from its 24-hour high of $ 0.30
As for Ripple’s annual highs and lows, it is 73.762% higher than its 52 week low and 73.958% lower than its 52 week low.
Volatility
The average volatility of Ripple’s last day, last week and last month was negative 14.11%, negative 3.51% and negative 0.80%, respectively.
On Ripple’s last day, last week, and last month’s average high and low amplitude percentage was 27.82%, 25.44%, and 14.33%, respectively.
Bitcoin News
Bitcoin miners in the Nordic region benefit from cheap energy. According to Bloomberg Quint on Sunday, December 27, “The resulting glut of the most important raw material for making virtual coins coincided with a year in which the price of Bitcoin tripled.”, ““ Energy prices of this years were particularly low as Bitcoin prices rose. “”
Bitcoin is under regulatory review after a record rally. According to Bloomberg Quint on December 27, “” What’s happening now – and it’s happening faster than anyone might imagine – is Bitcoin moving from a marginal esoteric asset to the mainstream, “said Matt Hougan, director Bitwise Asset’s investments management. “,” Clayton’s exit from the regulator is good news for crypto fans who have seen him take a hard line over the years, filing a lawsuit to stop initial coin offerings , dismissing claims for Bitcoin exchange-traded funds and launching a last-minute lawsuit against Ripple Labs Inc. Gensler, who served as Chairman of the Commodity Futures Trading Commission under the Obama administration, is a senior advisor to the MIT Media Lab Digital Currency Initiative and teaches blockchain technology and digital currencies.
Bitcoin on longest winning streak since 2019 after hitting record high. According to Bloomberg Quint on Monday, December 28, “Bitcoin climbed 3.6% on Monday and was trading at around $ 27,150 as of 1pm in Tokyo. “,” Others question the validity of Bitcoin as an investment and point to the digital currency’s history of wild rallies followed by crashes. “
Bitcoin on longest winning streak since 2019 after going over $ 28,000. According to Bloomberg Quint on Monday, December 28, “” Bitcoin is still the trendy trade on Wall Street and that might not go away, “Moya wrote in a note Monday.”, “Bitcoin is on track for its more Long streak of monthly wins for over a year after hitting a record over $ 28,000 this weekend. “
Bitcoin mining stocks rise after the cryptocurrency surpasses $ 28,000 for the first time. According to Business Insider on Monday, December 28, “Last week, CleanSpark announced the addition of 1,000 bitcoin miners to its mining fleet.”, “The company expects this addition will increase the profitability of bitcoin mining and keep Riot going. competitive as available supply. mining wiring is becoming increasingly rare. “
The Bitcoin rally is likely to peak in the coming weeks, according to a technical analyst. According to Business Insider on Tuesday, December 29, “See Also: MicroStrategy Now Holds 70,470 Bitcoin After Spending $ 1.1 Billion In 2020,” “Basing his analysis on another chart, which uses three disparate Bitcoin cycles, Newton said: “All those years we had a great Q4, we turned the trend at the end of December, early January, and actually went down. “
Bitcoin is looking to gain traction in payments. According to the Wall Street Journal of Tuesday, December 29, “Despite these advances, industry watchers say bitcoin needs to gain traction as a payment method to become more ubiquitous. “The dealership recently sold two high-end sports cars – a 2017 Pagani Huayra Roadster and a 2019 Bugatti Chiron – to a customer who paid more than $ 6 million in bitcoins, according to owner Nick Dossa, who says about 3% to 5%. of the dealer’s income comes from Bitcoin transactions. “
