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Stellar On Bearish Momentum: 7.53% Down In The Last 24 Hours

Via News Editorial Team

December 22, 2020

Stellar On Bearish Momentum: 7.53% Down In The Last 24 Hours

Stellar is currently on bearish momentum. At 19:15 EST on Mon 21 Dec, Stellar is at $0.17 and down by 7.53% in the last 24 hours.

Stellar Range

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.

Regarding Stellar's daily highs and lows, it's 3.687% up from its trailing 24-hour low of $0.16 and 7.833% down from its trailing 24-hour high of $0.18.

In relation to Stellar's yearly highs and lows, it's 0% down from its 52-week low and 0% 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.", "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, "BITW has soared 165% since its debut earlier this month, far outpacing the gains in Bitcoin and Ether. ", "For those investors looking for access to Bitcoin but who are reluctant or unsure how to get direct exposure, the ease of buying products like BITW or GBTC through a brokerage platform trumps the extra cost."

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."