Ripple is currently on bearish momentum. At 01:03 EST on Wed 16 Dec, Ripple is at $0.45 and down by 6.67% in the last 12 hours.
Over the last six hours, Ripple’s higher value was $0.46 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 2.545% up from its trailing 24-hour low of $0.44 and 7.918% down from its trailing 24-hour high of $0.49.
In relation to the Ripple’s yearly highs and lows, it’s 292.007% up from its 52-week low and 41.25% 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, "Bitcoin has dipped after hitting a record at the start of December but remains in sight of the $20,000 level, which it has yet to reach. ", "At the same time, traditional investors like insurers and pension portfolios face regulatory hurdles relating to risk levels and liability mismatches, likely limiting how much they can put into Bitcoin, the JPMorgan strategists wrote."
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%.", "About 15% of fund managers, with $534 billion under management, surveyed by Bank of America Corp. said Bitcoin is the third-most crowded trade behind being long technology shares and shorting the U.S. dollar. "