Ripple is currently on bearish momentum. At 12:03 EST on Fri 18 Dec, Ripple is at $0.57 and down by 3.29% in the last 6 hours.
Ripple Range
Over the last six hours, Ripple's higher value was $0.58 and the lower value was $0.56.
Over the last twelve hours, Ripple's higher value was $0.60 and the lower value was $0.56.
Concerning Ripple's daily highs and lows, it's 1.071% up from its trailing 24-hour low of $0.56 and 8.71% down from its trailing 24-hour high of $0.62.
In relation to Ripple's yearly highs and lows, it's 391.746% up from its 52-week low and 26.302% down from its 52-week high.
News about Bitcoin
Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, "Recent forays into the cryptocurrencies space by Square Inc., MicroStrategy Inc. and Massachusetts Mutual Life Insurance Co. are "laying out the groundwork for how you add Bitcoin to your balance sheet, how you should think about Bitcoin as a substitute for cash," Ginns said on a webinar hosted by Evercore ISI Tuesday. ", "Bitcoin rose as much as 1.9% on Tuesday to trade around $19,562. "
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's cross above $20,000 is its second major milestone in recent weeks -- the coin at the end of November reached a new high three years after setting a prior peak. "
Canada’s CI financial completes $72 million IPO of Bitcoin fund. According to Bloomberg Quint on Wed Dec 16, "Read more: Fund Managers See Bitcoin Trade Crowded as Institutions Jump In", "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."
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.", "Ruffer on Tuesday disclosed a 2.5% position in Bitcoin in one of its funds, describing it as "a small but potent insurance policy against the continuing devaluation of the world's major currencies.""
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."
All aboard the billionaires’ Bitcoin bandwagon?. According to Bloomberg Quint on Wed Dec 16, "While Bitcoin is great as a billionaire's speculative plaything, it's hardly auseful digital currency or safe haven investment for the average punter. ", "The artificial scarcity that underpins Bitcoin -from its mining algorithm to the behavior of HODLers,who refuse to abandon their investment no matter how low it goes -helps push its price higher in the boom times; it does nothing to prevent a tumble when whales cash out. "
Crypto observers debate what’s next after Bitcoin hits record. According to Bloomberg Quint on Wed Dec 16, "So I'd expect Bitcoin's volatility to be much higher.", "If central banks tighten monetary policy and/or governments take action to reduce deficits, the attractiveness of Bitcoin as an inflation hedge and source of scarce yield could decline rapidly."
Guggenheim’s scott minerd says Bitcoin should be worth $400,000. According to Bloomberg Quint on Wed Dec 16, "As Bitcoin surges to record highs, Scott Minerd of Guggenheim Investments believes the world's largest cryptocurrency's fair value still has a ways to go.", "His comments came on the same day Bitcoin breached $20,000 for the first time, bringing its 2020 gain to 190%."
Bitcoin extends record-setting rally, surpassing $21,800. According to Bloomberg Quint on Thu Dec 17, "Bitcoin extended a record-breaking rally, taking the world's largest cryptocurrency past $21,800 for the first time.", "Bitcoin has more than tripled this year, a surge that's polarized opinion. "
Bitcoin tops $22,000 and strategists say rally has further to go. According to Bloomberg Quint on Thu Dec 17, ""Fed stimulus may have given it an extra kick but, let's face it, Bitcoin doesn't need it. ", "Bitcoin and the wider Bloomberg Galaxy Crypto Index have both more than tripled this year. "
Bitcoin hits new all-time high above $23,000, extending its wild 2020 rally. According to CNBC on Thu Dec 17, "Bitcoin only just smashed the $20,000 mark on Wednesday.", "Bitcoin hit a fresh record high above $23,000 on Thursday, extending a wild rally for the cryptocurrency that has seen it more than triple in value this year."
Quants ride into crypto wild west in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, "Read more: Even Robots Are Joining the Bitcoin Craze as Quants Seek an Edge", "Bitcoin has rallied 215% this year, while cryptocurrency hedge funds are up 136% through November, according to a Eurekahedge index."
Bitcoin is up 200% this year. investment pros say the price could reach $400,000. According to MarketWatch on Thu Dec 17,
Bitcoin exchange coinbase files for initial public offering. According to The Wall Street Journal on Thu Dec 17,
Popular crypto exchange coinbase files confidentially to take itself public as Bitcoin price soars to record above $23,000. According to MarketWatch on Thu Dec 17,
Largest U.S. cryptocurrency exchange coinbase files for IPO as Bitcoin soars past $23,000. According to CNBC on Thu Dec 17, "Bitcoin has garnered much attention from investors lately, and Paul Tudor Jones and Stanley Druckenmiller are among those who have come out in favor of the cryptocurrency. "