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Stellar On Bearish Momentum: 9.31% Down In The Last 6 Hours

Via News Editorial Team

December 21, 2020

Stellar On Bearish Momentum: 9.31% Down In The Last 6 Hours

Stellar is currently on bearish momentum. At 08:18 EST on Mon 21 Dec, Stellar is at $0.16 and down by 9.31% in the last 6 hours.

Stellar Range

Over the last six hours, Stellar's higher value was $0.18 and the lower value was $0.16.

Over the last twelve hours, Stellar's higher value was $0.18 and the lower value was $0.16.

Concerning Stellar's daily highs and lows, it's 1.375% up from its trailing 24-hour low of $0.16 and 9.889% down from its trailing 24-hour high of $0.18.

Concerning Stellar's yearly highs and lows, it's 469.123% up from its 52-week low and 29.417% down from its 52-week high.

News about Bitcoin

How to invest in Bitcoin: the major ways to buy, their pros and cons, and the strategies to consider. According to Business Insider on Fri Dec 18, ""The best argument for Bitcoin's future success is the same argument long used for gold, diamonds and collectibles: It has been designed to have a limited supply and cannot be counterfeited," says Bob Fitzsimmons, the executive VP of Fixed Income, Commodities, and Stock Lending at Wedbush Securities.", "Square does usually charge service and volatility fees for bitcoin transactions (although it doesn't explicitly state what these are on its website), while Swan Bitcoin charges from 0.99% to 2.29% as a percentage of the weekly amount saved."

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, ""That's a signal from a well-established financial institution that there's more to crypto than Bitcoin," he said.", ""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. ", "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."