Bitcoin is currently on bullish momentum. At 02:03 EST on Wednesday, 30 December, Bitcoin is at $28,415.14 and up by 7.74% in the last 24 hours.
Over the last six hours, Bitcoin’s higher value was $28,415.14 and the lower value was $27,629.38.
Over the last twelve hours, Bitcoin’s higher value was $28,415.14 and the lower value was $26,868.83.
In relation to Bitcoin’s daily lows, it’s 7.762% up from its trailing 24-hour low of $26,368.31
Concerning Bitcoin’s yearly highs and lows, it’s 591.874% up from its 52-week low and 0.283% 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. ", "The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled."
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 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, "Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,150 as of 1 p.m. in Tokyo. ", "Others question Bitcoin’s validity as an investment and point to the digital currency’s history of wild rallies followed by crashes."
Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Monday, 28 December, "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.", "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, "As bitcoin’s price increases, new bitcoin mining devices become more difficult and expensive to procure. ", "In recent days bitcoin mining companies have announced major purchases of new equipment."
Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tuesday, 29 December, "See Also: MicroStrategy Now Holds 70,470 Bitcoin After Spending $1.1B in 2020", "At press-time Bitcoin traded 1.26% lower at $26,845.73 and Ethereum traded 1.06% higher at $715.97."
Bitcoin looks to gain traction in payments. According to The Wall Street Journal on Tuesday, 29 December, "Despite those inroads, industry watchers say bitcoin must gain traction as a form of payment to become more ubiquitous. ", "Many of the companies that tried accepting bitcoin in 2014 and 2015, including Expedia Group Inc. and Dell Inc., later quietly dropped it."