Ripple is currently on bearish momentum. At 00:03 EST on Wed 16 Dec, Ripple is at $0.45 and down by 4.76% in the last 6 hours.
Over the last six hours, Ripple’s higher value was $0.47 and the lower value was $0.44.
Over the last twelve hours, Ripple’s higher value was $0.48 and the lower value was $0.44.
In relation to Ripple’s daily highs and lows, it’s 1.614% up from its trailing 24-hour low of $0.44 and 8.755% down from its trailing 24-hour high of $0.49.
In relation to the Ripple’s yearly highs and lows, it’s 288.445% up from its 52-week low and 41.784% 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.", "”MassMutual’s Bitcoin purchases represent another milestone in the Bitcoin adoption by institutional investors,” the strategists said. "
Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, "Bitcoin Cash gained more than 9%, while the Bloomberg Galaxy Crypto Index advanced as much as 2%.", "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. "