Bitcoin On Bullish Momentum: 2.63% Up In The Last 6 Hours – Via News Agency


Bitcoin is currently on bullish momentum. At 00:03 EST on Monday, 28 December, Bitcoin is at $26,971.81 and up by 2.63% in the last 6 hours.

Bitcoin Range

Over the last six hours, Bitcoin’s higher value was $27,170.27 and the lower value was $26,280.82.

Over the last twelve hours, Bitcoin’s higher value was $27,170.27 and the lower value was $26,280.82.

Regarding Bitcoin’s daily highs and lows, it’s 2.629% up from its trailing 24-hour low of $26,280.82 and 2.904% down from its trailing 24-hour high of $27,778.49.

About Bitcoin’s yearly highs and lows, it’s 556.731% up from its 52-week low and 4.656% down from its 52-week high.

Volatility

Bitcoin’s last day and last week average volatility is a negative 0.63% and a positive 3.24%, respectively. Bitcoin’s high and low amplitude percentage in the last week was 6.62%.

Last news about Bitcoin

Bitcoin surges to fresh record high and looks set to break the $25,000 level: ‘merry bitmas’. According to Business Insider on Fri Dec 25, “Bitcoin’s market cap could reach $1 trillion sometime in 2021, according to Garrick Hileman, head of research at Blockchain.com, if investors take its reserve currency status more seriously.”, “Bitcoin has a current market cap of about $350 billion, while that of gold’s stands at roughly $10 trillion.”

Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “Having coin flowing from the Nordic region helps reduce the political risk profile of Bitcoin.”, “The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled.”

READ  Bitcoin Predictions & Facebook Libra | Tone Vays | Podcast - DailyFX

Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, “While none of those reasons for buying Bitcoin comport with its origins as an alternative to fiat currencies, they do point to a growing acceptance of crypto as an asset class of its own. “, “Janet Yellen, who’s been nominated to serve as Treasury secretary in Biden’s administration, has in recent years cautioned investors over Bitcoin, saying it was a “highly speculative asset” and “not a stable store of value.” A representative didn’t immediately return a request seeking comment.”



READ SOURCE

LEAVE A REPLY

Please enter your comment!
Please enter your name here