Ripple is currently on bearish momentum. At 13:03 EST on Tuesday, 29 December, Ripple is at $0.23 and down by 20.22% in the last 24 hours.
Over the last six hours, Ripple’s higher value was $0.23 and the lower value was $0.18.
Over the last twelve hours, Ripple’s higher value was $0.23 and the lower value was $0.18.
About Ripple’s daily highs and lows, it’s 29.389% up from its trailing 24-hour low of $0.18 and 16.821% down from its trailing 24-hour high of $0.28.
Concerning Ripple’s yearly highs and lows, it’s 102.346% up from its 52-week low and 69.674% down from its 52-week high.
Ripple’s last day, last week, and last month’s average volatility was a negative 14.11%, a negative 3.51%, and a negative 0.80%, respectively.
Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 27.82%, 25.44%, and 14.33%, respectively.
News about Bitcoin
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sunday, 27 December, "Having coin flowing from the Nordic region helps reduce the political risk profile of Bitcoin.", "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 Sunday, 27 December, "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. ", "Clayton’s exit from the regulator is welcome news for crypto fans who saw him take a hard line over the years, suing to halt initial coin offerings, rejecting applications for Bitcoin exchange-traded funds and launching a last-minute lawsuit against Ripple Labs Inc. Gensler, who served as a Commodity Futures Trading Commission chairman during the Obama administration, is a senior advisor to the MIT Media Lab Digital Currency Initiative and teaches about blockchain technology and digital currencies."
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Monday, 28 December, "Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.", "Others question Bitcoin’s validity as an investment and point to the digital currency’s history of wild rallies followed by crashes."
Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Monday, 28 December, "Read more: Bitcoin Crushes Doubters as 224% Rally Proves It’s Here to Stay", ""Bitcoin is still the trendy trade on Wall Street and that might not go away," Moya wrote in a note Monday. "
Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Monday, 28 December, "Marathon’s gains come as the company announced its purchasing 70,000 bitcoin mining rigs called Antminers from Bitmain for $170 million. ", "The company anticipates this addition will increase the cost efficiency of bitcoin mining, and keep the Riot competitive as the available supply of mining hardwire becomes increasingly scarce."
Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tuesday, 29 December, "See Also: MicroStrategy Now Holds 70,470 Bitcoin After Spending $1.1B in 2020", "Bitcoin(BTC) rally seems headed for abreather in early January, as per Newton Advisors President Mark Newton."
Bitcoin looks to gain traction in payments. According to The Wall Street Journal on Tuesday, 29 December, "Despite those inroads, industry watchers say bitcoin must gain traction as a form of payment to become more ubiquitous. ", "Many of the companies that tried accepting bitcoin in 2014 and 2015, including Expedia Group Inc. and Dell Inc., later quietly dropped it."