Ethereum On Bullish Momentum: 9.11% Up In The Last 6 Hours

Ethereum is currently on bullish momentum. At 12:04 EST on Sunday, 27 December, Ethereum is at $694.50 and up by 9.11% in the last 6 hours.

Ethereum Range

Over the last six hours, Ethereum’s higher value was $694.78 and the lower value was $634.87.

Over the last twelve hours, Ethereum’s higher value was $694.78 and the lower value was $634.87.

In relation to Ethereum’s daily highs and lows, it’s 9.761% up from its trailing 24-hour low of $632.74 and 0.04% down from its trailing 24-hour high of $694.78.

Regarding Ethereum’s yearly highs and lows, it’s 629.67% up from its 52-week low and 2.019% down from its 52-week high.

Volatility

Ethereum’s last day and last week average volatility is a positive 1.51% and a positive 4.31%, respectively. Ethereum’s high and low amplitude percentage in the last week was 7.87%.

News about Bitcoin

 michael saylor, the CEO who turned a software company into a Bitcoin company. According to Bloomberg Quint on Thu Dec 24, “We speak with MicroStrategy’s CEO, Michael Saylor, on why he thinks Bitcoin is the best reserve asset for any company.”, “Then, as Bitcoin ran up, it bought more, and the stock has now soared thanks to the bet. “

Bitcoin rally has already outlasted 2017 run. According to The Wall Street Journal on Thu Dec 24, “Bitcoin bulls say the money fueling this year’s rally is coming from more reliable sources than past rallies. “

Bitcoin crushes doubters as 224% rally proves it’s here to stay. According to Bloomberg Quint on Thu Dec 24, “Like Monty Python’s Black Knight, Bitcoin believers treat near-fatal volatility as mere flesh wounds. “, “There has been no substantial progress made on Bitcoin as a unit of exchange. “

Luxxfolio to acquire 590 Bitcoin miners. According to Business Insider on Thu Dec 24,

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, “Known as the leading cryptocurrency, Bitcoin has been a surprise success during the pandemic, quickly becoming a competitor to gold in some portfolios.”, “Bitcoin is soaring once again, hitting a new record price of $24,661 on Friday, with investors declaring “Happy Bitmas,” on social media.”

Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “”It is one of the biggest developments in Bitcoin mining to look out for.””, “”There is a very important strategic shift away from mining in China to mining in western countries like Sweden as Bitcoin investors become more public and want more stability and critical safety,” said Salter at Genesis. “

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. “, “Clayton’s exit from the regulator is welcome news for crypto fans who saw him take a hard line over the years, suing to halt initial coin offerings, rejecting applications for Bitcoin exchange-traded funds and launching a last-minute lawsuit against Ripple Labs Inc. Gensler, who served as a Commodity Futures Trading Commission chairman during the Obama administration, is a senior advisor to the MIT Media Lab Digital Currency Initiative and teaches about blockchain technology and digital currencies.”