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EOS On Bullish Momentum: 1.79% Up In The Last 6 Hours

Via News Editorial Team

December 28, 2020

EOS On Bullish Momentum: 1.79% Up In The Last 6 Hours

EOS is currently on bullish momentum. At 09:14 EST on Monday, 28 December, EOS is at $2.84 and up by 1.79% in the last 6 hours.

EOS Range

Over the last six hours, EOS's higher value was $2.85 and the lower value was $2.78.

Over the last twelve hours, EOS's higher value was $2.85 and the lower value was $2.72.

In relation to EOS's daily highs and lows, it's 5.185% up from its trailing 24-hour low of $2.70 and 0.351% down from its trailing 24-hour high of $2.85.

In relation to EOS's yearly highs and lows, it's 94.095% up from its 52-week low and 48.134% down from its 52-week high.

Volatility

EOS's last day and last week average volatility is a positive 4.16% and a positive 9.67%, respectively. EOS's high and low amplitude percentage in the last week was 17.26%.

News about Bitcoin

Bitcoin surges to fresh record high and looks set to break the $25,000 level: 'merry bitmas'. According to Business Insider on Fri Dec 25, "Bitcoin has a current market cap of about $350 billion, while that of gold's stands at roughly $10 trillion.", "Known as the leading cryptocurrency, Bitcoin has been a surprise success during the pandemic, quickly becoming a competitor to gold in some portfolios."

Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, ""This year's energy prices were particularly low as Bitcoin prices have increased."", "The current market dynamics give big miners alternatives to places where Bitcoin are usually created such as China, Kazakhstan and Canada."

Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, "Janet Yellen, who's been nominated to serve as Treasury secretary in Biden's administration, has in recent years cautioned investors over Bitcoin, saying it was a "highly speculative asset" and "not a stable store of value." A representative didn't immediately return a request seeking comment.", "But for Bitcoin, 2020 has been a marvelous time."

Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, "Others question Bitcoin's validity as an investment and point to the digital currency's history of wild rallies followed by crashes.", "Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,150 as of 1 p.m. in Tokyo. "