Ethereum is currently on bearish momentum. At 10:03 EST on Sunday, 7 February, Ethereum is at $1,573.11 and down by 4.02% in the last 6 hours.
Over the last six hours, Ethereum’s higher value was $1,638.60 and the lower value was $1,573.11.
Over the last twelve hours, Ethereum’s higher value was $1,638.60 and the lower value was $1,573.11.
In relation to Ethereum’s daily highs, it’s 7.861% down from its trailing 24-hour high of $1,707.32
Regarding Ethereum’s yearly highs and lows, it’s 1552.774% up from its 52-week low and 6.919% down from its 52-week high.
Ethereum’s last day, last week, and last month’s average volatility was 2.43%, 6.20%, and 5.92%, respectively.
Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 5.41%, 8.82%, and 12.47%, respectively.
Last news about Ethereum
Ethereum catapults to new all-time high past $1,600 as investors pile in ahead of next week’s launch of CME futures. According to Business Insider on Thursday, 4 February, “Although the trade seems to be partly fueled by speculation, a major factor driving demand is the Chicago Mercantile Exchange’s launch of Ethereum futures on February 8.”, “Add in the fact that we’re entering one of the lowest yield environments in decades and DeFi lets anyone earn high yield, and of course more and more people will pour into the Ethereum space in order to engage with these popular applications,” Nazarov said.”
Bitcoin, ethereum technical analysis: bid into a busy weekend. According to DailyFX on Friday, 5 February, “At this point, Ethereum is up more than 130% in 2021 alone, and we’re barely a month into the New Year.”, “The fresh high, plus the major change next week with the listing of Ethereum futures contracts presents some significant change and possible turbulence to deal with. “
What you need to know on the markets this week: the future of ethereum, what’s next for oil, and inflation is on the rise. According to Business Insider on Sunday, 7 February, “At the same time, crypto fund manager Grayscale reopened its Grayscale Ethereum Trust, after having closed the fund to new investors in late December for “administrative purposes.” In this week alone, the trust has seen inflows of nearly 100,000 ETH. “, “JPMorgan estimates that initial volumes in Ethereum futures are likely to be low, much like bitcoin in the early days, but this will change quickly.”
News about Bitcoin
Klarna CEO cautions executives promoting Bitcoin investments. According to Bloomberg Quint on Thursday, 4 February, “Michael Saylor, CEO of MicroStrategy Inc. and a Bitcoin proselytizer, said this week at his company’s World Now global conference that he sees an “avalanche” of companies moving their cash into Bitcoin over the next 12 months.”
Bitcoin declines after bouncing off top of recent price range. According to Bloomberg Quint on Thursday, 4 February, “A strengthening dollar since the start of the year has kept Bitcoin stuck in a consolidation phase, but that could be ending soon, according to Ed Moya, senior market analyst at Oanda Corp.”
Only 15% of Bitcoin traders are women, broker study shows. According to Bloomberg Quint on Friday, 5 February, “As Bitcoin prices boomed over the past year, with millions of people around the world signing up for day-trading accounts during the pandemic, it remains largely a hobby of young men. “, “Women make up only 15% of Bitcoin traders, according to a brokerage study that shows how stark the gender disparity is in the world of cryptocurrencies.”
According to Business Insider on Friday, 5 February, “The price of Bitcoin skyrocketed in 2020, prompting a wave of new investors to sign up to various trading platforms. “