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EOS On Bullish Momentum: 6.17% Up In The Last 6 Hours

ViaNews Editorial Team

December 16, 2020

EOS On Bullish Momentum: 6.17% Up In The Last 6 Hours

EOS is currently on bullish momentum. At 12:16 EST on Wed 16 Dec, EOS is at $3.03 and up by 6.17% in the last 6 hours.

EOS Range

Over the last six hours, EOS's higher value was $3.03 and the lower value was $2.86.

Over the last twelve hours, EOS's higher value was $3.03 and the lower value was $2.84.

In relation to EOS's daily highs and lows, it's 7.177% up from its trailing 24-hour low of $2.83 and 0.102% up from its trailing 24-hour high of $3.03.

In relation to the EOS's yearly highs and lows, it's 107.292% up from its 52-week low and 44.607% down from its 52-week high.

News about Bitcoin

What is Bitcoin worth? little consensus in fragmented market. According to The Wall Street Journal on Sun Dec 13, "Bitcoin enthusiasts agree the digital currency hit a record recently. ", "Bitcoin and hundreds of other cryptocurrencies trade on independent exchanges around the world. "

JPMorgan says massmutual’s Bitcoin foray signals widening demand. According to Bloomberg Quint on Mon Dec 14, "A recent investment in Bitcoin by Massachusetts Mutual Life Insurance Co. highlights the potential for additional institutional demand for the cryptocurrency in coming years, according to JPMorgan Chase & Co.", "At the same time, traditional investors like insurers and pension portfolios face regulatory hurdles relating to risk levels and liability mismatches, likely limiting how much they can put into Bitcoin, the JPMorgan strategists wrote."

Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, "Bitcoin's dizzying rally in 2020 has captivated the professional investing class.", "The largest have come from the region, with exchanges in North America getting net inflows of Bitcoin from other areas worldwide. "

Bitcoin surpasses $20,000 for first time amid dizzying rally. According to Bloomberg Quint on Wed Dec 16, "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.", "Bitcoin has almost tripled this year."

Canada’s CI financial completes $72 million IPO of Bitcoin fund. According to Bloomberg Quint on Wed Dec 16, "The Bitcoin held in the fund will be stored in a segregated cold-storage system, and investors will be able to redeem the fund's units at net asset value on an annual basis.", "Read more: Fund Managers See Bitcoin Trade Crowded as Institutions Jump In"

Bitcoin whale surfaces with $1 billion and alan howard’s backing. According to Bloomberg Quint on Wed Dec 16, "He described executing his trades as inconspicuously as possible and finishing all the buying in November before Bitcoin hit $16,000.", "In addition to its initial purchases, One River Digital Asset Management has commitments that will bring its holdings of Bitcoin and Ether to about $1 billion as of early 2021, he said."

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."

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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