Stellar is currently on bearish momentum. At 04:09 EST on Tue 22 Dec, Stellar is at $0.16 and down by 6.23% in the last 12 hours.
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 1.625% down from its trailing 24-hour low of $0.16 and 7.412% down from its trailing 24-hour high of $0.17.
In relation to Stellar’s yearly highs and lows, it’s 452.281% up from its 52-week low and 31.506% 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 was once derided by serious investors as a bubble or a Ponzi scheme. ", "It’s much more institutional than it was in the past and I think that raises the likelihood that we’ll see a Bitcoin ETF sooner than later," he said."
Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, "Companies that dabble in crypto-related industries have served as a proxy for exposure since the Bitcoin bubble of 2017. ", "The premiums showcase "overwhelming investor demand to obtain Bitcoin exposure through means other than direct ownership or via crypto exchanges," said Nate Geraci, president of the ETF Store, an investment advisory firm. "
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."