Monday, August 31, 2026

Bitcoin On Bullish Momentum: 0.2% Up In The Last 6 Hours

ViaNews Editorial Team

December 28, 2020

Bitcoin On Bullish Momentum: 0.2% Up In The Last 6 Hours

Bitcoin is currently on bullish momentum. At 08:03 EST on Monday, 28 December, Bitcoin is at $27,062.01 and up by 0.2% in the last 6 hours.

Bitcoin Range

Over the last six hours, Bitcoin's higher value was $27,062.01 and the lower value was $26,665.65.

Over the last twelve hours, Bitcoin's higher value was $27,170.27 and the lower value was $26,665.65.

In relation to Bitcoin's daily highs and lows, it's 2.972% up from its trailing 24-hour low of $26,280.82 and 1.598% down from its trailing 24-hour high of $27,501.46.

In relation to Bitcoin's yearly highs and lows, it's 558.927% up from its 52-week low and 4.337% down from its 52-week high.

Volatility

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 is soaring once again, hitting a new record price of $24,661 on Friday, with investors declaring "Happy Bitmas," on social media.", "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."

Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, "The current market dynamics give big miners alternatives to places where Bitcoin are usually created such as China, Kazakhstan and Canada.", ""There is a very important strategic shift away from mining in China to mining in western countries like Sweden as Bitcoin investors become more public and want more stability and critical safety," said Salter at Genesis. "

Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, "But for Bitcoin, 2020 has been a marvelous time.", "While none of those reasons for buying Bitcoin comport with its origins as an alternative to fiat currencies, they do point to a growing acceptance of crypto as an asset class of its own. "

Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, "Read more: Bitcoin Crushes Doubters as 224% Rally Proves It's Here to Stay", "Bitcoin has divided opinion as its price more than tripled in 2020 amid a worsening pandemic. "

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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