Bitcoin is currently on bearish momentum. At 20:03 EST on Tuesday, 12 January, Bitcoin is at $32,585.94 and down by 6.49% in the last 6 hours.
Over the last six hours, Bitcoin’s higher value was $34,828.12 and the lower value was $32,585.94.
Over the last twelve hours, Bitcoin’s higher value was $35,010.38 and the lower value was $32,585.94.
Concerning Bitcoin’s daily highs, it’s 10.725% down from its trailing 24-hour high of $36,500.56
In relation to Bitcoin’s yearly highs and lows, it’s 693.428% up from its 52-week low and 22.316% down from its 52-week high.
Bitcoin’s last day, last week, and last month’s average volatility was a negative 14.71%, a positive 0.60%, and a positive 1.97%, respectively.
Bitcoin’s last day, last week, and last month’s high and low average amplitude percentage was 25.52%, 13.56%, and 8.23%, respectively.
Last news about Bitcoin
Darknet drug dealers have been accused of hiding a Bitcoin stash that's now worth $16 million. they bought an old fishing boat and a squid permit to conceal their crime, say US attorneys.. According to Business Insider on Sunday, 10 January, "They added: "The Vendor began selling illegal prescription drugs on the Darknet in approximately 2014 using multiple marketplaces, including Dream, Silk Road, AlphaBay, and Wall Street Market, and from 2014 and thereafter made approximately $250,000 worth of Bitcoin each month from the illegal drug sales.", "As Treasury officials move to put in place new regulations to attack money laundering via Bitcoin and other cryptocurrencies, the case is a reminder that some treat the currencies much the same as cash. "
Two-day Bitcoin plunge shakes faith in cryptocurrency boom. According to Bloomberg Quint on Monday, 11 January, "Others worry that the rally is untethered from reason and fueled by vast swathes of fiscal and monetary stimulus, with Bitcoin unlikely to ever serve as a viable currency alternative.", "True believers in Bitcoin argue the difference this time is the asset has matured with the entry of institutional investors and is increasingly seen as a legitimate hedge against dollar weakness and inflation risk. "
JPMorgan strategists say U.S. ETF could sap Bitcoin price. According to Bloomberg Quint on Monday, 11 January, "The JPMorgan strategists said introduction of a Bitcoin ETF should be positive for the cryptocurrency in the longer term.", "Some commentators view approval of a Bitcoin ETF in the U.S. as more likely with changing leadership at the Securities and Exchange Commission. "
Bitcoin falls to a one-week low, as a stronger dollar and investor nerves strip off nearly $140 billion in total cryptocurrency market cap. According to Business Insider on Monday, 11 January, "Some of the anarchy froth supporting Bitcoin after anti-government types stormed Capitol Hill is receding a touch. ", "The stronger dollar and higher bond yields has also sparked a plunge in Bitcoin and in gold prices this morning," strategists at Rabobank said in a note."
Cryptocurrency investors could 'lose all their money', UK regulator warns as Bitcoin price drops from all-time high. According to Business Insider on Monday, 11 January, "They worry that amateur investors could be sucked in, only for currencies like Bitcoin to collapse in value, as they did in 2018.", "Consumers who invest in cryptocurrencies could well "lose all their money", the UK’s financial regulator has warned, as the volatile Bitcoin price slides back from an all-time high of almost $42,000."
Bitcoin and Tesla have gotten the fed's attention. According to Bloomberg Quint on Monday, 11 January, "The S&P 500 Index wobbled on Monday as yields climbed past 1.13% but remained relativelyresilient considering the sharp drop in Bitcoin and Tesla. ", "But on the way to reaching those goals, there’sa level of rampant speculation in asset prices that even the Fed will seek to stymie, whether in Bitcoin or Tesla, the ARK Innovation exchange-traded fundor special-purpose acquisition companies. "
On technical charts, Bitcoin really is an asset like no other. According to Bloomberg Quint on Monday, 11 January, "Up 38% this year through Friday, Bitcoin had its best start to a year since 2012, when it surged almost 60% over the first eight days. ", "It "blows the doors off prior bubbles," the strategists wrote in a Friday note, asking whether Bitcoin is "the Mother-of-all-bubbles."
Bitcoin snaps slide while leaving everyone in dark on true worth. According to Bloomberg Quint on Tuesday, 12 January, "We think a pull back is healthy," said David Grider, lead digital strategist with Fundstrat Global Advisors LLC, who added he doesn’t think the recent price action indicates that Bitcoin has already topped out.", "The digital coin rose as much as 8% to about $36,600, but the move higher pales compared to the gyrations that took Bitcoin to an all-time high of nearly $42,000 on Jan. 8 before a precipitous slump over Sunday and Monday."
Bitcoin rebounds while leaving everyone in dark on true worth. According to Bloomberg Quint on Tuesday, 12 January, "We think a pull back is healthy," said David Grider, lead digital strategist with Fundstrat Global Advisors LLC, who added he doesn’t think the recent price action indicates that Bitcoin has already topped out.", "Pinpointing who is mainly responsible for the rally is one of the many crypto mysteries — Bitcoin funds, momentum chasers, billionaires, day traders, companies and even institutional investors have all been cited."
Bitcoin miner that’s risen 1,400% says more regulation is needed. According to Bloomberg Quint on Tuesday, 12 January, "Peter Wall, whose Argo Blockchain Plc is up 1,400% in the past year, said he sees Bitcoin "moving in one direction" as interest in the sector increases and institutional investors come on board. ", "They will be only authorized by the government whereas something like Bitcoin is by its very nature decentralized. "
Bitcoin historian elias ahonen publishes 2nd book, a 500-page 'history of cryptocurrency'. According to Business Insider on Tuesday, 12 January, "The cover artwork Bitcoin Angel is by acclaimed crypto artist Trevor Jones and symbolizes how many Bitcoin enthusiasts see the digital currency as a sort of saviour. ", "This led Ahonen to become a broker of million-dollar Bitcoin art and to launch a cryptocurrency consulting firm which placed him in the center of the hype. "
People have lost roughly $140 billion in Bitcoin because they forgot their passwords or got locked out of accounts, and would-be millionaires are struggling to access their wallets. According to Business Insider on Tuesday, 12 January, "These attempts include using a marketplace called All Private Keys where people can purchase, download, and try to hack into Bitcoin wallets that needs cracking, according to Vice.", "With Bitcoin prices increasing by over 50% since it reached its all-time high of $20,000 last month, those locked out of their cryptocurrency wallets are becoming desperate as they calculate how much wealth they would gain if only they remembered their passwords."