Bitcoin is currently on bearish momentum. At 07:03 EST on Sunday, 10 January, Bitcoin is at $39,419.83 and down by 4.29% in the last 6 hours.
Over the last six hours, Bitcoin’s higher value was $41,112.83 and the lower value was $39,419.83.
Over the last twelve hours, Bitcoin’s higher value was $41,262.43 and the lower value was $39,419.83.
In relation to Bitcoin’s daily highs, it’s 4.466% down from its trailing 24-hour high of $41,262.43
In relation to Bitcoin’s yearly highs and lows, it’s 859.825% up from its 52-week low and 6.024% down from its 52-week high.
Bitcoin’s last day, last week, and last month’s average volatility was 3.62%, 4.87%, and 2.71%, respectively.
Bitcoin’s last day, last week, and last month’s high and low average amplitude percentage was 13.87%, 12.33%, and 7.06%, respectively.
Last news about Bitcoin
Crypto market value tops $1 trillion as Bitcoin breaches $37,000. According to Bloomberg Quint on Thursday, 7 January, "Proponents of Bitcoin argue it offers a hedge against dollar weakness and the risk of faster inflation, a bit like gold, while critics decry the intellectual soundness of comparing the two assets.", "The total market value of cryptocurrencies surpassed $1 trillion for the first time Thursday amid a frenzied and volatile rally in Bitcoin to yet another record."
Bitcoin rally draws first-time buyers in India but also fraudsters. According to Bloomberg Quint on Thursday, 7 January, "Globally too, calls from large investment houses has given credence to the view that Bitcoin may be seen as an alternative to gold. ", "A crowding out of gold as an ‘alternative’ currency implies big upside for Bitcoin over the long term," the investment bank said in its latest report."
Equos launches Bitcoin perpetual futures contracts. According to Business Insider on Thursday, 7 January, "EQUOS, the cryptocurrency exchange of Diginex Limited (Nasdaq: EQOS), the digital assets financial services company, announced today that it has launched its Bitcoin (BTC) Perpetual Futures Contract (BTC/USDC(F))."
Broker touts exotic Bitcoin bet to squeeze income from crypto. According to Bloomberg Quint on Thursday, 7 January, "The reason to own Bitcoin is because things like this can always go up a lot more than they can go down," QVR’s Eifert said. ", "Last year, the Chicago Mercantile Exchange started offering options contracts on Bitcoin futures."
Day-trader heaven arrives as Tesla, Bitcoin and stock options surge. According to Bloomberg Quint on Thursday, 7 January, "The poster child for market exuberance — Bitcoin — has doubled in value in less than a month, with its advance swelling the total market value of cryptocurrencies beyond $1 trillion. ", "Crypto enthusiasts, many of whom feel validated that the coin has reached these levels after years of ups and downs, celebrated on Twitter, posting pictures of fireworks and rocket-ship emojis alongside Bitcoin price charts that depict the surge."
Grayscale holds over 3% of Bitcoin, sees pension-fund interest. According to Bloomberg Quint on Thursday, 7 January, "The Grayscale Bitcoin Trust has become a bellwether for digital asset investors after accumulating more than 3% of the total supply of the largest cryptocurrency.", "Grayscale Bitcoin Trust’s success may potentially be impacting Bitcoin’s supply, Sonnenshein said."
White-knuckle Bitcoin rally powers crypto’s best week since 2017. According to Bloomberg Quint on Friday, 8 January, "Cryptocurrencies are on course for their biggest weekly surge since the last bubble in Bitcoin peaked about three years ago, ahead of a spectacular crash.", "The potential for "upside of historic proportions" suggests investors should keep buying Bitcoin and Ether, according to Rich Ross, a technical strategist at Evercore ISI."
Billionaire investor chamath palihapitiya predicted Tesla stock will triple and Bitcoin will soar 5-fold in a recent interview. here are the 15 best quotes.. According to Business Insider on Saturday, 9 January, "Billionaire investor Chamath Palihapitiya predicted Tesla stock will double or triple and Bitcoin will soar five-fold during an interview on CNBC’s "Halftime Report" this week.", "It’s probably going to $100,000, then $150,000, then $200,000." – Palihapitiya didn’t specify a timeframe, saying it could take five or 10 years for Bitcoin to reach those prices."
According to Business Insider on Saturday, 9 January, "MicroStrategy started a chain reaction when it bought $425 million worth of bitcoin in August and September, Jimmy Nguyen, president of the Bitcoin Association, told Insider. "
I won the race to Bitcoin 40k â¦ and so can you. According to Business Insider on Saturday, 9 January, "The post I Won the Race to Bitcoin 40K … and So Can You appeared first on InvestorPlace."