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Bitcoin On Bearish Momentum: 7.59% Down In The Last 6 Hours

ViaNews Editorial Team

December 21, 2020

Bitcoin On Bearish Momentum: 7.59% Down In The Last 6 Hours

Bitcoin is currently on bearish momentum. At 08:03 EST on Mon 21 Dec, Bitcoin is at $22,258.00 and down by 7.59% in the last 6 hours.

Bitcoin Range

Over the last six hours, Bitcoin's higher value was $23,947.20 and the lower value was $22,258.00.

Over the last twelve hours, Bitcoin's higher value was $23,965.10 and the lower value was $22,258.00.

Regarding Bitcoin's daily highs, it's 7.724% down from its trailing 24-hour high of $24,121.10

Concerning Bitcoin's yearly highs and lows, it's 441.955% up from its 52-week low and 8.062% down from its 52-week high.

Last days news about Bitcoin

How to invest in Bitcoin: the major ways to buy, their pros and cons, and the strategies to consider. According to Business Insider on Fri Dec 18, ""The best argument for Bitcoin's future success is the same argument long used for gold, diamonds and collectibles: It has been designed to have a limited supply and cannot be counterfeited," says Bob Fitzsimmons, the executive VP of Fixed Income, Commodities, and Stock Lending at Wedbush Securities.", "Square does usually charge service and volatility fees for bitcoin transactions (although it doesn't explicitly state what these are on its website), while Swan Bitcoin charges from 0.99% to 2.29% as a percentage of the weekly amount saved."

The CIO of a new crypto fund that has returned 220% to investors this year explains why Bitcoin topped $20,000 for the first time ever this week - and shares another digital currency set to become.... According to Business Insider on Sat Dec 19, ""That's a signal from a well-established financial institution that there's more to crypto than Bitcoin," he said.", "Bitcoin can only be programmed to do certain things and ethereum can be programmed to do many things," he said. "

Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, "For those investors looking for access to Bitcoin but who are reluctant or unsure how to get direct exposure, the ease of buying products like BITW or GBTC through a brokerage platform trumps the extra cost.", ""If you want Bitcoin in your existing brokerage IRA, the simplest way is through GBTC," Seyffart said. "

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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