Ripple On Bullish Momentum: 8.4% Up In The Last 6 Hours

0
32

[ad_1]

Ripple is currently on bullish momentum. At 02:03 EST on Tuesday, 16 March, Ripple is at $0.47 and up by 8.4% in the last 6 hours.

Ripple Range

Over the last six hours, Ripple’s higher value was $0.47 and the lower value was $0.43.

Over the last twelve hours, Ripple’s higher value was $0.47 and the lower value was $0.43.

In relation to Ripple’s daily highs and lows, it’s 8.953% up from its trailing 24-hour low of $0.43 and 0.319% down from its trailing 24-hour high of $0.47.

About Ripple’s yearly highs and lows, it’s 232.741% up from its 52-week low and 38.997% down from its 52-week high.

Volatility

Ripple’s last day, last week, and last month’s average volatility was 1.03%, 3.12%, and 4.70%, respectively.

Ripple’s last day, last week, and last month’s high and low average amplitude percentage was 5.11%, 5.35%, and 10.67%, respectively.

News about Bitcoin

According to Business Insider on Sunday, 14 March, “Canada’s Purpose Bitcoin ETF, the first to launch, had 913 million Canadian dollars ($731 million) under management on 11 March.”, “Guggenheim disclosed in an SEC filing that its Macro Opportunities Fund held the right to invest up to 10% of its net asset value in Grayscale Bitcoin Trust.”

Bitcoin dips from record after scaling $61,000 aided by stimulus. According to Bloomberg Quint on Monday, 15 March, “Crypto has seen “some good flow, with traders front running U.S. stimulus checks,” Chris Weston, head of research at Pepperstone Group Ltd., wrote in a note, adding Bitcoin needs to stay above the previous high of just over $58,000 to bolster confidence in a “new bull leg.”, “The lively debate about whether it’s even possible to work out an intrinsic value for Bitcoin as well as the scope for more stimulus-fueled gains continues apace. “

According to Business Insider on Monday, 15 March, “If doubt about monetary policy, unchecked money printing and continually rising inflation continues to worry both retail and institutional investors, then they will seek alternatives that provide safety, which Bitcoin provides in a unique digital format,” Nazarov said.”

Retail Bitcoin traders rival wall street buyers as mania builds. According to Bloomberg Quint on Monday, 15 March, “While far from bulletproof, the stats suggest that flows into Bitcoin are becoming more balanced after institutions dominated late last year. “, “Meanwhile, institutions have bought about 173,000 of the world’s largest cryptocurrency over that time frame — as gathered by Bitcoin futures, fund flows and company announcements — after buying nearly 307,000 in the last quarter of 2020.”

What’s India’s beef with Bitcoin, really?. According to Bloomberg Quint on Monday, 15 March, “If someone is using a VPN service to access the internet,and not buying or selling Bitcoin using an Indian bank account (but earning and spendingit peer to peer), the prohibitionwon’t be enforceable.”, “Nobody is asking New Delhito make Bitcoin legal tender or accept tax payments in it. “

[ad_2]

LEAVE A REPLY

Please enter your comment!
Please enter your name here