Sunday, September 27, 2026

Bitcoin On Bearish Momentum: 5.8% Down In The Last 6 Hours

ViaNews Editorial Team

December 21, 2020

Bitcoin On Bearish Momentum: 5.8% Down In The Last 6 Hours

Bitcoin is currently on bearish momentum. At 06:03 EST on Mon 21 Dec, Bitcoin is at $22,589.70 and down by 5.8% in the last 6 hours.

Bitcoin Range

Over the last six hours, Bitcoin's higher value was $23,947.20 and the lower value was $22,589.70.

Over the last twelve hours, Bitcoin's higher value was $23,965.10 and the lower value was $22,589.70.

Regarding Bitcoin's daily highs, it's 6.349% down from its trailing 24-hour high of $24,121.10

Regarding Bitcoin's yearly highs and lows, it's 450.032% up from its 52-week low and 6.692% down from its 52-week high.

Last days news about Bitcoin

How to invest in Bitcoin: the major ways to buy, their pros and cons, and the strategies to consider. According to Business Insider on Fri Dec 18, ""The easiest way to buy bitcoin is through the Grayscale Bitcoin Trust (GBTC) because it tracks the cryptocurrency and trades via the traditional financial market," says Ari Wald, the MD of the Institutional Portfolio Strategy team at Oppenheimer & Co. However, partially for this reason", ""The best argument for Bitcoin's future success is the same argument long used for gold, diamonds and collectibles: It has been designed to have a limited supply and cannot be counterfeited," says Bob Fitzsimmons, the executive VP of Fixed Income, Commodities, and Stock Lending at Wedbush Securities."

The CIO of a new crypto fund that has returned 220% to investors this year explains why Bitcoin topped $20,000 for the first time ever this week - and shares another digital currency set to become.... According to Business Insider on Sat Dec 19, "It's much more institutional than it was in the past and I think that raises the likelihood that we'll see a Bitcoin ETF sooner than later," he said.", "Bitcoin was once derided by serious investors as a bubble or a Ponzi scheme. "

Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, ""That's not to say advisors can't learn how to use crypto apps or Cash App, but if you want to get Bitcoin in existing legacy financial systems -- where almost all the money is -- you need something that works in that system."", "The premiums showcase "overwhelming investor demand to obtain Bitcoin exposure through means other than direct ownership or via crypto exchanges," said Nate Geraci, president of the ETF Store, an investment advisory firm. "

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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