Ethereum is currently on bearish momentum. At 00:06 EST on Wednesday, 13 January, Ethereum is at $1,028.02 and down by 8.78% in the last 12 hours.
Over the last six hours, Ethereum’s higher value was $1,044.85 and the lower value was $998.18.
Over the last twelve hours, Ethereum’s higher value was $1,118.29 and the lower value was $998.18.
About Ethereum’s daily highs and lows, it’s 2.989% up from its trailing 24-hour low of $998.18 and 10.116% down from its trailing 24-hour high of $1,143.72.
Regarding Ethereum’s yearly highs and lows, it’s 980.08% up from its 52-week low and 23.733% down from its 52-week high.
Ethereum’s last day, last week, and last month’s average volatility was a negative 4.48%, a negative 0.35%, and a positive 2.13%, respectively.
Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 13.48%, 16.41%, and 10.66%, respectively.
Last news about Ethereum
According to FX Empire on Monday, 11 January, "Binance Coin (-3.54%), Crypto.com Coin (-1.34%), Ethereum (-2.04%), Litecoin (-4.32%), and Ripple’s XRP (-3.16%) also struggled, however.", "Chainlink (+18.11%) and Ethereum (+28.02%) also saw solid gains, while Litecoin rose by just 5.43%."
According to FX Empire on Wednesday, 13 January, "Chainlink (-4.13%), Ethereum (-3.56%), and Litecoin (-4.28%) joined Bitcoin in the red."
News about Bitcoin
Darknet drug dealers have been accused of hiding a Bitcoin stash that's now worth $16 million. they bought an old fishing boat and a squid permit to conceal their crime, say US attorneys.. According to Business Insider on Sunday, 10 January, "After the raid, authorities said they discovered that $600,000 in Bitcoin had been converted into cash, according to US attorneys.", "Back when the Darknet Bitcoin was seized by federal agents, in January 2019, Bitcoin’s price was hovering at about $3,400. "
Two-day Bitcoin plunge shakes faith in cryptocurrency boom. According to Bloomberg Quint on Monday, 11 January, "The white-knuckle Bitcoin ride took another twist Monday as a two-day tumble in the digital currency stoked concern that the polarizing cryptocurrency boom may run out of steam.", "Others worry that the rally is untethered from reason and fueled by vast swathes of fiscal and monetary stimulus, with Bitcoin unlikely to ever serve as a viable currency alternative."
JPMorgan strategists say U.S. ETF could sap Bitcoin price. According to Bloomberg Quint on Monday, 11 January, "The JPMorgan strategists said introduction of a Bitcoin ETF should be positive for the cryptocurrency in the longer term.", "Some commentators view approval of a Bitcoin ETF in the U.S. as more likely with changing leadership at the Securities and Exchange Commission. "
Bitcoin falls to a one-week low, as a stronger dollar and investor nerves strip off nearly $140 billion in total cryptocurrency market cap. According to Business Insider on Monday, 11 January, "Some of the anarchy froth supporting Bitcoin after anti-government types stormed Capitol Hill is receding a touch. ", "The stronger dollar and higher bond yields has also sparked a plunge in Bitcoin and in gold prices this morning," strategists at Rabobank said in a note."
Cryptocurrency investors could 'lose all their money', UK regulator warns as Bitcoin price drops from all-time high. According to Business Insider on Monday, 11 January, "The FCA also stressed that cryptocurrencies such as Bitcoin are largely unregulated. ", "They worry that amateur investors could be sucked in, only for currencies like Bitcoin to collapse in value, as they did in 2018."
Bitcoin and Tesla have gotten the fed's attention. According to Bloomberg Quint on Monday, 11 January, "The S&P 500 Index wobbled on Monday as yields climbed past 1.13% but remained relativelyresilient considering the sharp drop in Bitcoin and Tesla. ", "But on the way to reaching those goals, there’sa level of rampant speculation in asset prices that even the Fed will seek to stymie, whether in Bitcoin or Tesla, the ARK Innovation exchange-traded fundor special-purpose acquisition companies. "
On technical charts, Bitcoin really is an asset like no other. According to Bloomberg Quint on Monday, 11 January, "It "blows the doors off prior bubbles," the strategists wrote in a Friday note, asking whether Bitcoin is "the Mother-of-all-bubbles.", "Up 38% this year through Friday, Bitcoin had its best start to a year since 2012, when it surged almost 60% over the first eight days. "
Bitcoin snaps slide while leaving everyone in dark on true worth. According to Bloomberg Quint on Tuesday, 12 January, "Pinpointing who is mainly responsible for the rally is one of the many crypto mysteries — Bitcoin funds, momentum chasers, billionaires, day traders, companies and even institutional investors have all been cited.", "We think a pull back is healthy," said David Grider, lead digital strategist with Fundstrat Global Advisors LLC, who added he doesn’t think the recent price action indicates that Bitcoin has already topped out."
Bitcoin rebounds while leaving everyone in dark on true worth. According to Bloomberg Quint on Tuesday, 12 January, "We think a pull back is healthy," said David Grider, lead digital strategist with Fundstrat Global Advisors LLC, who added he doesn’t think the recent price action indicates that Bitcoin has already topped out.", "Pinpointing who is mainly responsible for the rally is one of the many crypto mysteries — Bitcoin funds, momentum chasers, billionaires, day traders, companies and even institutional investors have all been cited."
Bitcoin miner that’s risen 1,400% says more regulation is needed. According to Bloomberg Quint on Tuesday, 12 January, "Peter Wall, whose Argo Blockchain Plc is up 1,400% in the past year, said he sees Bitcoin "moving in one direction" as interest in the sector increases and institutional investors come on board. ", "They will be only authorized by the government whereas something like Bitcoin is by its very nature decentralized. "
Bitcoin historian elias ahonen publishes 2nd book, a 500-page 'history of cryptocurrency'. According to Business Insider on Tuesday, 12 January, "The cover artwork Bitcoin Angel is by acclaimed crypto artist Trevor Jones and symbolizes how many Bitcoin enthusiasts see the digital currency as a sort of saviour. ", "This led Ahonen to become a broker of million-dollar Bitcoin art and to launch a cryptocurrency consulting firm which placed him in the center of the hype. "
People have lost roughly $140 billion in Bitcoin because they forgot their passwords or got locked out of accounts, and would-be millionaires are struggling to access their wallets. According to Business Insider on Tuesday, 12 January, "Gabriel Abed is another Bitcoin owner who lost access to his Bitcoin wallet since 2011 when his laptop was reformatted, losing 800 Bitcoin that are now worth a total of $25 million, according to the Times.", "With the rise and fall of Bitcoin value, hackers have been trying to access Bitcoin wallets with large amounts of Bitcoin, including a wallet containing 69,370 Bitcoin worth around $690 million, Vice reported in September."
Bitcoin extends tumble in further blow to volatile crypto boom. According to Bloomberg Quint on Wednesday, 13 January, "An alternative view is that fast money seeking rapid gains helped to propel the quadrupling in Bitcoin over the past year, leaving the rally exposed to the risk of such investors pulling out as momentum wanes.", "Taking some profits off the table after an asset — any asset, not only Bitcoin — doubles in value within three weeks is completely understandable," said Julius de Kempenaer, senior technical analyst at StockCharts."
New tech ipos to Bitcoin are on ajay srivastava’s 2021 investing list. According to Bloomberg Quint on Wednesday, 13 January, "Among a host of cryptocurrencies, he advised sticking with Bitcoin because of its wide supervision. "