Bitcoin is currently on bullish momentum. At 23:03 EST on Tuesday, 29 December, Bitcoin is at $27,963.24 and up by 6.05% in the last 12 hours.
Over the last six hours, Bitcoin’s higher value was $27,977.03 and the lower value was $27,008.20.
Over the last twelve hours, Bitcoin’s higher value was $27,977.03 and the lower value was $26,368.31.
Concerning Bitcoin’s daily highs and lows, it’s 6.068% up from its trailing 24-hour low of $26,363.60 and 0.049% down from its trailing 24-hour high of $27,977.03.
Concerning Bitcoin’s yearly highs and lows, it’s 580.871% up from its 52-week low and 1.151% down from its 52-week high.
Bitcoin’s last day, last week, and last month’s average volatility was 1.03%, 2.06%, and 1.41%, respectively.
Bitcoin’s last day, last week, and last month’s high and low average amplitude percentage was 5.32%, 6.13%, and 5.36%, respectively.
Last news about Bitcoin
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sunday, 27 December, ""We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway," said Tyler Page, a business developer at Bitfury. ", ""It is one of the biggest developments in Bitcoin mining to look out for.""
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sunday, 27 December, ""What’s happening now — and it’s happening faster than anyone could ever imagine — is that Bitcoin is moving from a fringe esoteric asset to the mainstream," said Matt Hougan, chief investment officer of Bitwise Asset Management. ", "But for Bitcoin, 2020 has been a marvelous time."
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Monday, 28 December, "Others question Bitcoin’s validity as an investment and point to the digital currency’s history of wild rallies followed by crashes.", "Bitcoin is on track for its longest monthly winning streak in more than a year after touching a record above $28,000 over the weekend."
Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Monday, 28 December, "Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,260 as of 9:25 a.m. in New York. ", "Bitcoin has divided opinion as its price more than tripled in 2020 amid a worsening pandemic. "
Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Monday, 28 December, "Shares of bitcoin mining companies Riot Blockchain and Marathon Patent Group soared on Monday morning following bitcoin’s record holiday weekend rally. ", "The company anticipates this addition will increase the cost efficiency of bitcoin mining, and keep the Riot competitive as the available supply of mining hardwire becomes increasingly scarce."
Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tuesday, 29 December, "Grayscale Bitcoin Trust (OTC:GBTC) and Grayscale Ethereum Trust (OTC:ETHE) closed 11.33% and 4.32% higher at $30.45 and $16.90 on Monday, respectively.", "See Also: MicroStrategy Now Holds 70,470 Bitcoin After Spending $1.1B in 2020"
Bitcoin looks to gain traction in payments. According to The Wall Street Journal on Tuesday, 29 December, "Vegas Auto Gallery, a luxury auto dealership in Las Vegas, has become a playground for wealthy bitcoin investors who want to cash in.", "Despite those inroads, industry watchers say bitcoin must gain traction as a form of payment to become more ubiquitous. "