Ethereum is currently on bearish momentum. At 08:04 EST on Monday, 28 December, Ethereum is at $723.95 and down by 1.14% in the last 6 hours.
Over the last six hours, Ethereum’s higher value was $736.67 and the lower value was $723.95.
Over the last twelve hours, Ethereum’s higher value was $736.67 and the lower value was $701.66.
About Ethereum’s daily highs and lows, it’s 12.247% up from its trailing 24-hour low of $644.96 and 1.727% down from its trailing 24-hour high of $736.67.
Regarding Ethereum’s yearly highs and lows, it’s 660.611% up from its 52-week low and 1.827% down from its 52-week high.
Ethereum’s last day and last week average volatility is a positive 7.36% and a positive 4.97%, respectively. Ethereum’s high and low amplitude percentage in the last week was 8.97%.
News about Bitcoin
Bitcoin surges to fresh record high and looks set to break the $25,000 level: ‘merry bitmas’. According to Business Insider on Fri Dec 25, “Bitcoin’s market cap could reach $1 trillion sometime in 2021, according to Garrick Hileman, head of research at Blockchain.com, if investors take its reserve currency status more seriously.”, “However, Bitcoin investors – known for their unquenchable optimism – think this is just the start.”
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “The current market dynamics give big miners alternatives to places where Bitcoin are usually created such as China, Kazakhstan and Canada.”, “”We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway,” said Tyler Page, a business developer at Bitfury. “
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, “But with Bitcoin capturing greater attention, it could also garner further scrutiny from regulators, says Guy Hirsch, managing director for the U.S. at online-trading platform eToro. “, “”What’s happening now — and it’s happening faster than anyone could ever imagine — is that Bitcoin is moving from a fringe esoteric asset to the mainstream,” said Matt Hougan, chief investment officer of Bitwise Asset Management. “
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, “Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.”, “Others question Bitcoin’s validity as an investment and point to the digital currency’s history of wild rallies followed by crashes.”