Ethereum is currently on bullish momentum. At 10:03 EST on Monday, 8 February, Ethereum is at $1,709.71 and up by 5.03% in the last 6 hours.
Over the last six hours, Ethereum’s higher value was $1,709.71 and the lower value was $1,627.80.
Over the last twelve hours, Ethereum’s higher value was $1,709.71 and the lower value was $1,582.06.
In relation to Ethereum’s daily lows, it’s 11.064% up from its trailing 24-hour low of $1,539.39
About Ethereum’s yearly highs and lows, it’s 1696.291% up from its 52-week low and 0.279% down from its 52-week high.
Ethereum’s last day, last week, and last month’s average volatility was 3.94%, 6.10%, and 6.05%, respectively.
Ethereum’s last day, last week, and last month’s high and low average amplitude percentage was 12.54%, 9.61%, and 12.28%, respectively.
Last news about Ethereum
Bitcoin, ethereum technical analysis: bid into a busy weekend. According to DailyFX on Friday, 5 February, “In anticipation of the listing, Ethereum rallied throughout the week to continually punch up to even higher all-time-highs. “, “Should Ethereum pull back, there could be some possible opportunity for analysis to enter the equation. “
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, “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.”, “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. “
News about Bitcoin
Only 15% of Bitcoin traders are women, broker study shows. According to Bloomberg Quint on Friday, 5 February, “Subscriber numbers have skyrocketed in the retail-trading craze as individuals rushed to strike it rich in everything from Tesla Inc. to Bitcoin and GameStop Corp. Bitcoin investors on its platform have more than doubled over the past year and the average age is 35, eToro said.”, “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. “
Bill miller to allow opportunity fund to buy into Bitcoin trust. According to Bloomberg Quint on Monday, 8 February, “Famed fund manager Bill Miller extended his endorsement of Bitcoin by reserving the right for one of his portfolios to indirectly invest in the largest cryptocurrency.”, “The Miller Opportunity Trust may invest in the Grayscale Bitcoin Trust, a vehicle institutions use for Bitcoin exposure, a filing with the U.S. Securities and Exchange Commission shows. “
Bitcoin finds new momentum with prices approaching $40,000. According to Bloomberg Quint on Monday, 8 February, “In Bitcoin, famed fund manager Bill Miller extended his endorsement by reserving the right for his Miller Opportunity Trust to invest in the Grayscale Bitcoin Trust, a vehicle that institutions use for Bitcoin exposure, according to a U.S. regulatory filing.”, “After a brief dip this month, Bitcoin is climbing once again as enthusiasts tout the digital asset as a hedge against inflation and store of value in a world awash with stimulus and rampant central-bank money printing.”
Bitcoin surges above $42,000 after Tesla discloses investment. According to Bloomberg Quint on Monday, 8 February, “If retail and institutional interest continues to grow over the next month, Bitcoin could target the $45,000 level,” said Edward Moya, a senior market analyst at forex broker Oanda Corp.”
Tesla bets big on Bitcoin, plans to accept cryptocurrency. According to Bloomberg Quint on Monday, 8 February, “Musk has often tweeted about cryptocurrency-related topics and earlier this month called Bitcoin “a good thing” in an interview. “, “The Palo Alto, California-based manufacturer said in a filing Monday it made the bet on Bitcoin after updating its investment policy last month to allow the company to invest in digital assets as well as gold bullion and gold exchange-traded funds.”