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Ethereum on bearish momentum: 2.56% down in last 6 hours – Via News Agency

January 2, 2021
in Bitcoin News, Cryptocurrency
0

Home » News » Markets » Cryptocurrency » Ethereum on bearish momentum: 2.56% down in last 6 hours - Via News Agency

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Ethereum is currently on a bearish momentum. At 5:05 p.m. EST on Sunday, December 27, Ethereum is at $ 677.15 and down 2.56% in the last 6 hours.

Ethereum range

In the past six hours, Ethereum’s highest value was $ 704.02 and the lowest value was $ 677.15.

In the last twelve hours, Ethereum’s highest value was $ 704.02 and the lowest value was $ 634.87.

As for Ethereum’s daily highs and lows, it is 7.019% higher than its 24 hour low of $ 632.74 and 3.817% lower than its 24 hour high of $ 704.02.

As for Ethereum’s annual highs and lows, it is 611.441% from its 52 week low and 4.467% from its 52 week high.

Volatility

The average volatility of Ethereum on the last day and last week is positive of 1.51% and positive of 4.31% respectively. Ethereum’s high and low amplitude percentage last week was 7.87%.

Bitcoin News

michael saylor, the ceo who turned a software company into a bitcoin company. According to Bloomberg Quint on Thursday, December 24, “This summer, business intelligence software company MicroStrategy made waves by investing some of its extra money in Bitcoin.”, “We speak with MicroStrategy CEO Michael Saylor about reasons he thinks Bitcoin is the best reserve asset for any business. “

The Bitcoin rally has already survived the 2017 run. According to the Wall Street Journal on Thursday, December 24, “Bitcoin bulls say the money fueling this year’s rally comes from more reliable sources than past rallies.”

Bitcoin is crushing skeptics as a 224% rally proves it is here to stay. According to Bloomberg Quint on Thursday, December 24, “Bitcoin just won’t go away.”, “There hasn’t been any substantial progress made on Bitcoin as a unit of exchange.”

Luxxfolio will acquire 590 Bitcoin miners. According to Business Insider on Thursday, December 24,

Bitcoin hits a new high and looks set to cross the $ 25,000 threshold: “ happy bitmas ”. According to Business Insider on Friday, December 25, “Bitcoin’s market capitalization could reach $ 1 trillion in 2021, according to Garrick Hileman, head of research at Blockchain.com, if investors take its status as a reserve currency more seriously. “However, Bitcoin investors – known for their unquenchable optimism – believe this is just the beginning.”

Bitcoin miners in the Nordic region benefit from cheap energy. According to Bloomberg Quint on Sunday, December 27, “” This year’s energy prices were particularly low as Bitcoin prices rose. “”, “” We have seen a noticeable increase in investor appetite for Bitcoin mining opportunities in Norway, “said Tyler Page, business developer at Bitfury.”

Bitcoin is under regulatory review after a record rally. According to Bloomberg Quint on Sunday, December 27, “Clayton’s exit from the regulator is good news for crypto fans who have seen him take a hard line over the years, suing to stop initial coin offerings, rejecting demands. of 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 adviser to the MIT Media Lab Digital Currency Initiative and teaches the blockchain technology and digital currencies. “,” “What’s happening now – and it’s happening faster than anyone might imagine – is Bitcoin is moving from an esoteric marginal asset to the mainstream,” said Matt Hougan, chief investment officer of Bitwise Asset Management.

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