Bitcoin is currently on bullish momentum. At 09:03 EST on Wed 16 Dec, Bitcoin is at $20,277.30 and up by 4.28% in the last 6 hours.
Bitcoin Range
Over the last six hours, Bitcoin's higher value was $20,277.30 and the lower value was $19,445.70.
Over the last twelve hours, Bitcoin's higher value was $20,277.30 and the lower value was $19,331.80.
In relation to Bitcoin's daily lows, it's 4.919% up from its trailing 24-hour low of $19,326.70
In relation to the Bitcoin's yearly highs and lows, it's 393.728% up from its 52-week low and 0% down from its 52-week high.
Last days news about Bitcoin
What is Bitcoin worth? little consensus in fragmented market. According to The Wall Street Journal on Sun Dec 13, "Bitcoin enthusiasts agree the digital currency hit a record recently. ", "Bitcoin and hundreds of other cryptocurrencies trade on independent exchanges around the world. "
JPMorgan says massmutual’s Bitcoin foray signals widening demand. According to Bloomberg Quint on Mon Dec 14, "The $100 million purchase suggests adoption of Bitcoin is spreading from family offices and wealthy investors to insurance firms and pension funds, strategists including Nikolaos Panigirtzoglou said in a note Friday. ", "If pension funds and insurance companies in the U.S., euro area, U.K. and Japan allocate 1% of assets to Bitcoin, that would result in additional Bitcoin demand of $600 billion, the strategists said. "
Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, "Guggenheim Partners LLC, for instance, recently said it might invest up to 10% of its $5.3 billion Macro Opportunities Fund in a Bitcoin trust. ", "Bitcoin rose as much as 1.9% on Tuesday to trade around $19,562. "