Bitcoin is currently on bullish momentum. At 18:03 EST on Thu 17 Dec, Bitcoin is at $23,008.70 and up by 7.98% in the last 24 hours.
Bitcoin Range
Over the last six hours, Bitcoin's higher value was $23,365.60 and the lower value was $22,647.70.
Over the last twelve hours, Bitcoin's higher value was $23,506.70 and the lower value was $22,647.70.
Regarding Bitcoin's daily highs and lows, it's 7.98% up from its trailing 24-hour low of $21,308.30 and 2.119% down from its trailing 24-hour high of $23,506.70.
Regarding Bitcoin's yearly highs and lows, it's 460.234% up from its 52-week low and 2.628% down from its 52-week high.
Last days news about Bitcoin
JPMorgan says massmutual’s Bitcoin foray signals widening demand. According to Bloomberg Quint on Mon Dec 14, ""MassMutual's Bitcoin purchases represent another milestone in the Bitcoin adoption by institutional investors," the strategists said. ", "Bitcoin has dipped after hitting a record at the start of December but remains in sight of the $20,000 level, which it has yet to reach. "
Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, "And the investors have been large -- exchanges are sending 19% more transfers worth $1 million or more this year while Bitcoin's price has been above $10,000 compared with 2017 when it was trading above those levels, he said.", "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 surpasses $20,000 for first time amid dizzying rally. According to Bloomberg Quint on Wed Dec 16, "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 surpassed $20,000 for the first time, another milestone in what's been an eye-popping rally for the controversial digital asset this year."
Canada’s CI financial completes $72 million IPO of Bitcoin fund. According to Bloomberg Quint on Wed Dec 16, "Read more: Fund Managers See Bitcoin Trade Crowded as Institutions Jump In", "Bitcoin has gained popularity as a hedge against U.S. dollar weakness and as investors seek to bolster returns amid rock-bottom interest rates. "
Bitcoin whale surfaces with $1 billion and alan howard’s backing. According to Bloomberg Quint on Wed Dec 16, "Read more: Paul Tudor Jones Buys Bitcoin, Citing Echo of Gold in the 1970s", "Bitcoin surpassed $20,000 Wednesday to hit a record and has almost tripled in price this year."
Bitcoin tops $20,000 for first time. According to The Wall Street Journal on Wed Dec 16, "Bitcoin surged above $20,000 on Wednesday for the first time in its 11-year history, part of a furious rally that has seen the digital currency double since September."
Bitcoin price surges to fresh record above $20,000. According to MarketWatch on Wed Dec 16, "Bitcoin prices were trading at $20,339 according to CoinDesk data, up nearly 5% on the session, with gains for the digital asset supported by a flood of institutional investor attention on cryptos like bitcoin and other virtual currencies."
All aboard the billionaires’ Bitcoin bandwagon?. According to Bloomberg Quint on Wed Dec 16, "While Bitcoin is great as a billionaire's speculative plaything, it's hardly auseful digital currency or safe haven investment for the average punter. ", "None of this bothers the champions of "digital gold,"who push the narrative that Bitcoin serves as some kind of metaphorical mattress under which everyone should stuff rapidly depreciating dollars or euros."
Crypto observers debate what’s next after Bitcoin hits record. According to Bloomberg Quint on Wed Dec 16, "I think the theme for Bitcoin next year will be whether fiscal and monetary stimulus is unwound and whether interest rates rise. ", "But Bitcoin is also a speculative asset, unlike gold. "
Guggenheim’s scott minerd says Bitcoin should be worth $400,000. According to Bloomberg Quint on Wed Dec 16, "As Bitcoin surges to record highs, Scott Minerd of Guggenheim Investments believes the world's largest cryptocurrency's fair value still has a ways to go.", "Last month, the firm filed to reserve the right to invest as much as 10% of its $5.3 billion Macro Opportunities Fund in the Grayscale Bitcoin Trust, which invests solely in Bitcoin."
Bitcoin extends record-setting rally, surpassing $21,800. According to Bloomberg Quint on Thu Dec 17, "Bitcoin extended a record-breaking rally, taking the world's largest cryptocurrency past $21,800 for the first time.", "Bitcoin has more than tripled this year, a surge that's polarized opinion. "
Bitcoin tops $22,000 and strategists say rally has further to go. According to Bloomberg Quint on Thu Dec 17, "Bitcoin's scarcity combined with "rampant money printing" by the Federal Reserve mean the digital token should eventually climb to about $400,000, Scott Minerd, the chief investment officer at Guggenheim, said on Bloomberg TV on Wednesday.", ""Fed stimulus may have given it an extra kick but, let's face it, Bitcoin doesn't need it. "
Bitcoin hits new all-time high above $23,000, extending its wild 2020 rally. According to CNBC on Thu Dec 17, "Bitcoin only just smashed the $20,000 mark on Wednesday.", "Bitcoin later pared back its gains slightly, trading over 8% higher at about 22,600 by 6 a.m. ET."
Quants ride into crypto wild west in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, "Bitcoin has rallied 215% this year, while cryptocurrency hedge funds are up 136% through November, according to a Eurekahedge index.", "Trend-following, for example, is built on the notion that humans have a tendency to follow the herd in everything, from single stocks and oil to Bitcoin futures."
Bitcoin is up 200% this year. investment pros say the price could reach $400,000. According to MarketWatch on Thu Dec 17,
Bitcoin exchange coinbase files for initial public offering. According to The Wall Street Journal on Thu Dec 17,
Popular crypto exchange coinbase files confidentially to take itself public as Bitcoin price soars to record above $23,000. According to MarketWatch on Thu Dec 17,
Largest U.S. cryptocurrency exchange coinbase files for IPO as Bitcoin soars past $23,000. According to CNBC on Thu Dec 17, "Bitcoin has garnered much attention from investors lately, and Paul Tudor Jones and Stanley Druckenmiller are among those who have come out in favor of the cryptocurrency. "