Stellar is currently on bullish momentum. At 10:15 EST on Wed 16 Dec, Stellar is at $0.18 and up by 10.93% in the last 6 hours.
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.
In relation to Stellar’s daily highs and lows, it’s 12.938% up from its trailing 24-hour low of $0.16 and 0.389% up from its trailing 24-hour high of $0.18.
In relation to the Stellar’s yearly highs and lows, it’s 534.035% up from its 52-week low and 21.366% down from its 52-week high.
News about Bitcoin
What is Bitcoin worth? little consensus in fragmented market. According to The Wall Street Journal on Sun Dec 13, "Bitcoin enthusiasts agree the digital currency hit a record recently. ", "Bitcoin and hundreds of other cryptocurrencies trade on independent exchanges around the world. "
JPMorgan says massmutual’s Bitcoin foray signals widening demand. According to Bloomberg Quint on Mon Dec 14, "If pension funds and insurance companies in the U.S., euro area, U.K. and Japan allocate 1% of assets to Bitcoin, that would result in additional Bitcoin demand of $600 billion, the strategists said. ", "The $100 million purchase suggests adoption of Bitcoin is spreading from family offices and wealthy investors to insurance firms and pension funds, strategists including Nikolaos Panigirtzoglou said in a note Friday. "
Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, "Bitcoin rose as much as 1.9% on Tuesday to trade around $19,562. ", "Guggenheim Partners LLC, for instance, recently said it might invest up to 10% of its $5.3 billion Macro Opportunities Fund in a Bitcoin trust. "
Bitcoin surpasses $20,000 for first time amid dizzying rally. According to Bloomberg Quint on Wed Dec 16, "Bitcoin’s cross above $20,000 is its second major milestone in recent weeks — the coin at the end of November reached a new high three years after setting a prior peak. ", ""People tend to pile into momentum trades, so Bitcoin could have more upside from here," said Ed Campbell, portfolio manager and managing director at QMA."