Ripple On Bullish Momentum: 6.05% Up In The Last 6 Hours

Ripple is currently on bullish momentum. At 07:03 EST on Wednesday, 30 December, Ripple is at $0.22 and up by 6.05% in the last 6 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.22 and the lower value was $0.20.

Over the last twelve hours, Ripple’s higher value was $0.22 and the lower value was $0.20.

Regarding Ripple’s daily highs and lows, it’s 19.778% up from its trailing 24-hour low of $0.18 and 10.167% down from its trailing 24-hour high of $0.24.

About Ripple’s yearly highs and lows, it’s 87.315% up from its 52-week low and 71.927% down from its 52-week high.

Volatility

Ripple’s last day, last week, and last month’s average volatility was a negative 12.22%, a negative 4.18%, and a negative 1.60%, respectively.

Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 42.05%, 29.60%, and 15.11%, respectively.

News about Bitcoin

Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sunday, 27 December, “The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled.”, “”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, “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.”, “”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 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.”, “Read more: Bitcoin Crushes Doubters as 224% Rally Proves It’s Here to Stay”

Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Monday, 28 December, “Read more: Bitcoin Crushes Doubters as 224% Rally Proves It’s Here to Stay”, “Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,260 as of 9:25 a.m. in New York. “

Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Monday, 28 December, “On Sunday, bitcoin briefly jumped past $28,000, just one day after passing $27,000 for the first time. “, “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, “Basing his analysis on another chart, which uses three disparate Bitcoin cycles, Newton said, “All those years where we had a stellar Q4 we reversed course in trend back in late December, early January, and actually went lower.””, “At press-time Bitcoin traded 1.26% lower at $26,845.73 and Ethereum traded 1.06% higher at $715.97.”

Bitcoin looks to gain traction in payments. According to The Wall Street Journal on Tuesday, 29 December, “The dealership recently sold two high-end sports cars-a 2017 Pagani Huayra Roadster and a2019 Bugatti Chiron-to a customer who paid more than $6 million in bitcoin, according to owner Nick Dossa, who says about 3% to 5% of the dealership’s revenue comes from bitcoin transactions.”, “Many of the companies that tried accepting bitcoin in 2014 and 2015, including Expedia Group Inc. and Dell Inc., later quietly dropped it.”

Bitcoin hits new record, set for biggest monthly gain since 2019. According to Bloomberg Quint on Wednesday, 30 December, “Bitcoin has almost quadrupled in value this year amid the global coronavirus pandemic, while the wider Bloomberg Galaxy Crypto Index tracking the largest digital currencies is up about 270% as rival coins such as Ether have also rallied.”, “Bitcoin rose as much as 6.2% to $28,572.10 in Asia trading and is on track for its biggest monthly gain since May 2019.”

South African Bitcoin trader under liquidation, business day says. According to Bloomberg Quint on Wednesday, 30 December, “A provisional liquidation order has been granted against a South African Bitcoin trading company that is said to have received about 9.45 billion rand ($644 million) from as many as 280,000 investors, Business Day reported.”

Original Source