Ripple is currently on bullish momentum. At 12:10 EST on Wed 16 Dec, Ripple is at $0.53 and up by 15.39% in the last 6 hours.
Over the last six hours, Ripple’s higher value was $0.53 and the lower value was $0.46.
Over the last twelve hours, Ripple’s higher value was $0.53 and the lower value was $0.45.
In relation to Ripple’s daily highs and lows, it’s 19.955% up from its trailing 24-hour low of $0.44 and 0.415% down from its trailing 24-hour high of $0.53.
In relation to the Ripple’s yearly highs and lows, it’s 358.558% up from its 52-week low and 31.276% 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, "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.", "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. "
Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, "The largest have come from the region, with exchanges in North America getting net inflows of Bitcoin from other areas worldwide. ", "Bitcoin’s dizzying rally in 2020 has captivated the professional investing class."
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."
Canada’s CI financial completes $72 million IPO of Bitcoin fund. According to Bloomberg Quint on Wed Dec 16, "The CI Galaxy Bitcoin Fund’s shares will start trading in U.S. and Canadian dollars on the Toronto Stock Exchange.", "The closed-end fund will invest directly in Bitcoin, with its holdings priced using the Bloomberg Galaxy Bitcoin Index, and is designed to measure the performance of a single Bitcoin traded in U.S. dollars. "
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.", "In addition to its initial purchases, One River Digital Asset Management has commitments that will bring its holdings of Bitcoin and Ether to about $1 billion as of early 2021, he said."
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."