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Ripple On Bearish Momentum: 8.56% Down In The Last 24 Hours

Via News Editorial Team

December 21, 2020

Ripple On Bearish Momentum: 8.56% Down In The Last 24 Hours

Ripple is currently on bearish momentum. At 16:04 EST on Mon 21 Dec, Ripple is at $0.52 and down by 8.56% in the last 24 hours.

Ripple Range

Over the last six hours, Ripple's higher value was $0.53 and the lower value was $0.52.

Over the last twelve hours, Ripple's higher value was $0.54 and the lower value was $0.51.

Concerning Ripple's daily highs and lows, it's 1.039% up from its trailing 24-hour low of $0.51 and 7.982% down from its trailing 24-hour high of $0.56.

In relation to Ripple's yearly highs and lows, it's 347.698% up from its 52-week low and 32.904% down from its 52-week high.

News about Bitcoin

How to invest in Bitcoin: the major ways to buy, their pros and cons, and the strategies to consider. According to Business Insider on Fri Dec 18, "Square does usually charge service and volatility fees for bitcoin transactions (although it doesn't explicitly state what these are on its website), while Swan Bitcoin charges from 0.99% to 2.29% as a percentage of the weekly amount saved.", ""The best argument for Bitcoin's future success is the same argument long used for gold, diamonds and collectibles: It has been designed to have a limited supply and cannot be counterfeited," says Bob Fitzsimmons, the executive VP of Fixed Income, Commodities, and Stock Lending at Wedbush Securities."

The CIO of a new crypto fund that has returned 220% to investors this year explains why Bitcoin topped $20,000 for the first time ever this week - and shares another digital currency set to become.... According to Business Insider on Sat Dec 19, "Bitcoin has surged into the stratosphere this year, but it is by no means the best-performing cryptocurrency.", ""The core thesis supporting crypto and Bitcoin is that this is a once-in-a-generation style technological breakthrough that's penetrating multiple multi-trillion-dollar markets," he added. "

Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, "Meanwhile, the premium on the Grayscale Bitcoin Trust (ticker GBTC) swelled to 34% amid the rally.", "Bitcoin's awe-inspiring surge to record highs has investors racing for exposure to the rally -- even if it means paying an absurdly high markup."

Elon Musk inquired on twitter about 'large' Bitcoin transactions after a crypto booster suggested he convert Tesla's balance sheet. According to Business Insider on Mon Dec 21, "Before the exchange with Saylor, he tweeted "Bitcoin is my safe word," but then followed up by saying, "Just kidding, who needs a safe word anyway!?"", "Following the Saylor conversation, Musk tweeted: "Bitcoin is almost as bs as fiat money," and then suggested to his followers he's a fan of Dogecoin, a parody cryptocurrency."