Bitcoin is currently on bullish momentum. At 16:03 EST on Wednesday, 30 December, Bitcoin is at $28,827.80 and up by 7.21% in the last 24 hours.

Bitcoin Range

Over the last six hours, Bitcoin’s higher value was $28,827.80 and the lower value was $28,129.25.

Over the last twelve hours, Bitcoin’s higher value was $28,827.80 and the lower value was $27,744.83.

In relation to Bitcoin’s daily lows, it’s 7.207% up from its trailing 24-hour low of $26,889.97

Concerning Bitcoin’s yearly highs and lows, it’s 601.922% up from its 52-week low and 0.338% down from its 52-week high.

Volatility

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, "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 Sunday, 27 December, "Clayton’s exit from the regulator is welcome news for crypto fans who saw him take a hard line over the years, suing to halt initial coin offerings, rejecting applications for Bitcoin exchange-traded funds and launching a last-minute lawsuit against Ripple Labs Inc. Gensler, who served as a Commodity Futures Trading Commission chairman during the Obama administration, is a senior advisor to the MIT Media Lab Digital Currency Initiative and teaches about blockchain technology and digital currencies.", "But with Bitcoin capturing greater attention, it could also garner further scrutiny from regulators, says Guy Hirsch, managing director for the U.S. at online-trading platform eToro. "

Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Monday, 28 December, "Read more: Bitcoin Crushes Doubters as 224% Rally Proves It’s Here to Stay", "Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development."

Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Monday, 28 December, "Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.", "Read more: Bitcoin Crushes Doubters as 224% Rally Proves It’s Here to Stay"

Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Monday, 28 December, "In recent days bitcoin mining companies have announced major purchases of new equipment.", "As bitcoin’s price increases, new bitcoin mining devices become more difficult and expensive to procure. "

Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tuesday, 29 December, "Basing his analysis on another chart, which uses three disparate Bitcoin cycles, Newton said, "All those years where we had a stellar Q4 we reversed course in trend back in late December, early January, and actually went lower."", "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."

Bitcoin looks to gain traction in payments. According to The Wall Street Journal on Tuesday, 29 December, "Many of the companies that tried accepting bitcoin in 2014 and 2015, including Expedia Group Inc. and Dell Inc., later quietly dropped it.", "The dealership recently sold two high-end sports cars-a 2017 Pagani Huayra Roadster and a2019 Bugatti Chiron-to a customer who paid more than $6 million in bitcoin, according to owner Nick Dossa, who says about 3% to 5% of the dealership’s revenue comes from bitcoin transactions."

Bitcoin hits new record, set for biggest monthly gain since 2019. According to Bloomberg Quint on Wednesday, 30 December, "Read more: Bitcoin Crushes Doubters as 224% Rally Proves It’s Here to Stay", ""While a growing institutional presence has been part of the narrative of the current bull run, we may see increased retail interest in Bitcoin as a form of digital gold," Paolo Ardoino, chief technology officer of crypto exchange Bitfinex said in an email."

South African Bitcoin trader under liquidation, business day says. According to Bloomberg Quint on Wednesday, 30 December, "A provisional liquidation order has been granted against a South African Bitcoin trading company that is said to have received about 9.45 billion rand ($644 million) from as many as 280,000 investors, Business Day reported."

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