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Stellar On Bearish Momentum: 11.02% Down In The Last 24 Hours

Via News Editorial Team

December 22, 2020

Stellar On Bearish Momentum: 11.02% Down In The Last 24 Hours

Stellar is currently on bearish momentum. At 02:12 EST on Tue 22 Dec, Stellar is at $0.16 and down by 11.02% in the last 24 hours.

Stellar Range

Over the last six hours, Stellar's higher value was $0.16 and the lower value was $0.16.

Over the last twelve hours, Stellar's higher value was $0.17 and the lower value was $0.16.

Concerning Stellar's daily highs and lows, it's 0.187% down from its trailing 24-hour low of $0.16 and 11.278% down from its trailing 24-hour high of $0.18.

In relation to Stellar's yearly highs and lows, it's 460.351% up from its 52-week low and 30.505% down from its 52-week high.

News about Bitcoin

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, "A rough back-of-the-envelope calculation suggests that at a 34% premium, investors are paying the equivalent of $30,522 if Bitcoin's price is $22,800 per coin. ", ""If you want Bitcoin in your existing brokerage IRA, the simplest way is through GBTC," Seyffart said. "

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."