Bitcoin is currently on bearish momentum. At 05:03 EST on Monday, 28 December, Bitcoin is at $26,846.10 and down by 0.47% in the last 6 hours.
Over the last six hours, Bitcoin’s higher value was $27,042.29 and the lower value was $26,846.10.
Over the last twelve hours, Bitcoin’s higher value was $27,170.27 and the lower value was $26,280.82.
Regarding Bitcoin’s daily highs and lows, it’s 2.151% up from its trailing 24-hour low of $26,280.82 and 3.357% down from its trailing 24-hour high of $27,778.49.
Regarding Bitcoin’s yearly highs and lows, it’s 553.67% up from its 52-week low and 5.1% down from its 52-week high.
Bitcoin’s last day and last week average volatility is a negative 0.63% and a positive 3.24%, respectively. Bitcoin’s high and low amplitude percentage in the last week was 6.62%.
Last 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.", "Known as the leading cryptocurrency, Bitcoin has been a surprise success during the pandemic, quickly becoming a competitor to gold in some portfolios."
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, "Having coin flowing from the Nordic region helps reduce the political risk profile of Bitcoin.", "The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled."
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, ""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. ", "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."
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.", "Bitcoin has divided opinion as its price more than tripled in 2020 amid a worsening pandemic. "