Ripple is currently on bullish momentum. At 10:09 EST on Wed 16 Dec, Ripple is at $0.51 and up by 12.56% in the last 6 hours.
Over the last six hours, Ripple’s higher value was $0.51 and the lower value was $0.45.
Over the last twelve hours, Ripple’s higher value was $0.51 and the lower value was $0.45.
In relation to Ripple’s daily highs and lows, it’s 15.5% up from its trailing 24-hour low of $0.44 and 0.353% down from its trailing 24-hour high of $0.51.
In relation to the Ripple’s yearly highs and lows, it’s 341.529% up from its 52-week low and 33.828% 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. ", "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."
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 has surged despite a severe crash in March that saw it lose 25% amid the coronavirus pandemic. ", ""People tend to pile into momentum trades, so Bitcoin could have more upside from here," said Ed Campbell, portfolio manager and managing director at QMA."