Ethereum is currently on bullish momentum. At 06:06 EST on Monday, 28 December, Ethereum is at $725.41 and up by 1.97% in the last 6 hours.
Over the last six hours, Ethereum’s higher value was $736.67 and the lower value was $711.41.
Over the last twelve hours, Ethereum’s higher value was $736.67 and the lower value was $683.21.
Regarding Ethereum’s daily highs and lows, it’s 14.261% up from its trailing 24-hour low of $634.87 and 1.528% down from its trailing 24-hour high of $736.67.
In relation to Ethereum’s yearly highs and lows, it’s 662.145% up from its 52-week low and 1.629% down from its 52-week high.
Ethereum’s last day and last week average volatility is a positive 7.36% and a positive 4.97%, respectively. Ethereum’s high and low amplitude percentage in the last week was 8.97%.
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 is soaring once again, hitting a new record price of $24,661 on Friday, with investors declaring "Happy Bitmas," on social media.", "However, Bitcoin investors – known for their unquenchable optimism – think this is just the start."
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, "While none of those reasons for buying Bitcoin comport with its origins as an alternative to fiat currencies, they do point to a growing acceptance of crypto as an asset class of its own. ", ""What’s happening now — and it’s happening faster than anyone could ever imagine — is that Bitcoin is moving from a fringe esoteric asset to the mainstream," said Matt Hougan, chief investment officer of Bitwise Asset Management. "
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, "Read more: Bitcoin Crushes Doubters as 224% Rally Proves It’s Here to Stay", "Others question Bitcoin’s validity as an investment and point to the digital currency’s history of wild rallies followed by crashes."