Ethereum On Bullish Momentum: 7.01% Up In The Last 6 Hours

Ethereum is currently on bullish momentum. At 00:03 EST on Sunday, 24 January, Ethereum is at $1,317.57 and up by 7.01% in the last 6 hours.

Ethereum Range

Over the last six hours, Ethereum’s higher value was $1,317.57 and the lower value was $1,231.21.

Over the last twelve hours, Ethereum’s higher value was $1,317.57 and the lower value was $1,231.21.

Concerning Ethereum’s daily lows, it’s 7.968% up from its trailing 24-hour low of $1,220.33

Regarding Ethereum’s yearly highs and lows, it’s 1284.293% up from its 52-week low and 8.01% down from its 52-week high.

Volatility

Ethereum’s last day, last week, and last month’s average volatility was a negative 0.45%, a negative 0.23%, and a positive 2.53%, respectively.

Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 5.93%, 13.49%, and 13.19%, respectively.

Last news about Ethereum

Why this analyst can see ethereum skyrocketing to $10,500. According to Business Insider on Thursday, 21 January, “Why It Matters: Ethereum has outperformed Bitcoin (BTC) in 2021 so far, hitting an all-time high of $1,432.44 earlier this week.”, “Besides the rise of DeFi apps, Ethereum is also likely to benefit from its network upgrade that would allow it to process as many transactions as Visa Inc. (NYSE:V) or Mastercard Inc. (NYSE:MA), Grider noted.”

News about Bitcoin

Bitcoin falters for a second day, slides below technical level. According to Bloomberg Quint on Thursday, 21 January, “That drop did, however, precede a seven-week run that helped propel Bitcoin into its current bull rally.”

Bitcoin losses gather pace, with prices nearing three-week low. According to Bloomberg Quint on Thursday, 21 January, “On Wednesday, BlackRock Inc. filed paperwork to add Bitcoin futures as an eligible investment in two funds, the first time the money manager is offering clients exposure to cryptocurrency.”

It looks like wall street is running Bitcoin, at least for now. According to Bloomberg Quint on Thursday, 21 January, “Hedge fund manager Paul Tudor Jones helped set off the frenzy when he said in May he was buying Bitcoin as a hedge against the inflation he sees coming in the wake of policymakers’ aggressive actions to keep the economy alive in the coronavirus pandemic. “, “A Bitcoin is just a piece of digital code that produces no earnings, pays no dividend or interest, and is backed by nothing but the belief of other people that it might be worth something.”

Bitcoin is no market hedge, JPMorgan strategists say. According to Bloomberg Quint on Thursday, 21 January, “JPMorgan Chase & Co. cross-asset strategists have bad news for anyone on Wall Street betting that Bitcoin is the hottest way to diversify portfolios in a world short on hedges but big on valuation risk.”, “But in the recent run-up, the dynamics have changed and Bitcoin is moving more in lockstep with traditional cyclical markets.”

Bitcoin plunge has newbies scrambling to google double-spend. According to Bloomberg Quint on Thursday, 21 January, “The Bitcoin blockchain is operating exactly as designed, and has been operating exactly as designed for 12 years,” said Andreas Antonopoulos, an expert in Bitcoin and open blockchain technologies. “, “In the case of the blockchain — or the software that underlies Bitcoin and other cryptocurrencies — the transaction in question would be excluded from the final tally on the digital ledger.”

Mercado Bitcoin receives contribution led by GP investimentos and parallax ventures who will invest BRL 200 million in 2021. According to Business Insider on Thursday, 21 January, “Over the past eight years, with a diverse and creative team, Mercado Bitcoin has set out to build the financial market of the future. “, “Currently, Mercado Bitcoin already serves international customers from its operation in Brazil. “

Bitcoin drops close to $30,000 mark as head-turning rally stalls. According to Bloomberg Quint on Thursday, 21 January, “This level looks very vulnerable and a break below it is bad news in the near-term for Bitcoin and cryptos in general,” Craig Erlam, senior market analyst at Oanda Europe, wrote in a note Thursday. “, “The crypto boom has proved controversial, cheered on the one hand by believers who see Bitcoin becoming a more mainstream investment, but decried by others that see little more than speculative mania.”

Bitcoin drops below $30,000 level as head-turning rally stalls. According to Bloomberg Quint on Thursday, 21 January, “This level looks very vulnerable and a break below it is bad news in the near-term for Bitcoin and cryptos in general,” Craig Erlam, senior market analyst at Oanda Europe, wrote in a note Thursday. “, “Grayscale Investments, which is behind a popular Bitcoin trust, saw total inflows of more than $3 billion across its products in the fourth quarter. “

Why this analyst is cautioning Bitcoin investors to have A ‘very strong stomach’ amid plunge. According to Business Insider on Friday, 22 January, “Why It Matters: Bitcoin has seen a major correction in the last two weeks after a dizzying rally that started in July last year saw it cross $40,000 from trading below the $10,000 level.”, “What Happened: Miller Tabak chief market strategist Matt Maley told CNBC on Thursday that regulatory risks and pullback from the near 200% surge this year mean Bitcoin could see a further drop in the short-term.”

Iran blames 1600 Bitcoin processing centers for massive blackouts in tehran and other cities. According to Business Insider on Saturday, 23 January, “According to local media, state-owned electricity firm Tavanir shut down a large Iranian-Chinese Bitcoin farm amid the power outages.”, “The Iranian government has blamed Bitcoin and other forms of cryptocurrency for power outages across the country that have left millions in darkness.”

According to Business Insider on Saturday, 23 January, “And this was a Bitcoin OTC name that has been consolidating for months.”, “For the Bitcoin theme, Hasson had identified over 10 stocks on the NASDAQ as well as over-the-counter stocks to watch and monitor everyday.”

Bitcoin outlook: my mantra for 2021 can make you money. According to Business Insider on Saturday, 23 January, “The post Bitcoin Outlook: My Mantra for 2021 Can Make You Money appeared first on InvestorPlace.”

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