Stellar is currently on bearish momentum. At 17:05 EST on Tue 22 Dec, Stellar is at $0.16 and down by 4.32% in the last 6 hours.
Over the last six hours, Stellar’s higher value was $0.17 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 0.063% down from its trailing 24-hour low of $0.16 and 5.941% down from its trailing 24-hour high of $0.17.
In relation to Stellar’s yearly highs and lows, it’s 461.053% up from its 52-week low and 30.418% 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’s 212% rally this year is driven by all types of new investors who had never invested in bitcoin but are now jumping on the bandwagon, Hougan said.", ""That’s a signal from a well-established financial institution that there’s more to crypto than Bitcoin," he said."
Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, "Neither vehicle allows for redemptions, meaning that a fixed number of shares are issued, though secondary offerings are allowed by GBTC for institutional investors who contribute Bitcoin. ", "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."