Bitcoin is currently on bullish momentum. At 22:03 EST on Thu 17 Dec, Bitcoin is at $23,040.70 and up by 6.06% in the last 24 hours.
Bitcoin Range
Over the last six hours, Bitcoin's higher value was $23,040.70 and the lower value was $22,714.40.
Over the last twelve hours, Bitcoin's higher value was $23,506.70 and the lower value was $22,647.70.
Regarding Bitcoin's daily highs and lows, it's 6.061% up from its trailing 24-hour low of $21,724.00 and 1.982% down from its trailing 24-hour high of $23,506.70.
Concerning Bitcoin's yearly highs and lows, it's 461.013% up from its 52-week low and 0.658% down from its 52-week high.
Last days news about Bitcoin
Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, "And the investors have been large -- exchanges are sending 19% more transfers worth $1 million or more this year while Bitcoin's price has been above $10,000 compared with 2017 when it was trading above those levels, he said.", "Guggenheim Partners LLC, for instance, recently said it might invest up to 10% of its $5.3 billion Macro Opportunities Fund in a Bitcoin trust. "
Bitcoin surpasses $20,000 for first time amid dizzying rally. According to Bloomberg Quint on Wed Dec 16, "This "is the start of a new chapter for Bitcoin. ", ""People tend to pile into momentum trades, so Bitcoin could have more upside from here," said Ed Campbell, portfolio manager and managing director at QMA."
Canada’s CI financial completes $72 million IPO of Bitcoin fund. According to Bloomberg Quint on Wed Dec 16, "The closed-end fund will invest directly in Bitcoin, with its holdings priced using the Bloomberg Galaxy Bitcoin Index, and is designed to measure the performance of a single Bitcoin traded in U.S. dollars. ", "The CI Galaxy Bitcoin Fund's shares will start trading in U.S. and Canadian dollars on the Toronto Stock Exchange."
Bitcoin whale surfaces with $1 billion and alan howard’s backing. According to Bloomberg Quint on Wed Dec 16, "In addition to its initial purchases, One River Digital Asset Management has commitments that will bring its holdings of Bitcoin and Ether to about $1 billion as of early 2021, he said.", "Assets in the Grayscale Bitcoin Trust, the largest player, have swelled to more than $10 billion."
Bitcoin tops $20,000 for first time. According to The Wall Street Journal on Wed Dec 16, "Bitcoin surged above $20,000 on Wednesday for the first time in its 11-year history, part of a furious rally that has seen the digital currency double since September."
Bitcoin price surges to fresh record above $20,000. According to MarketWatch on Wed Dec 16, "Bitcoin prices were trading at $20,339 according to CoinDesk data, up nearly 5% on the session, with gains for the digital asset supported by a flood of institutional investor attention on cryptos like bitcoin and other virtual currencies."
All aboard the billionaires’ Bitcoin bandwagon?. According to Bloomberg Quint on Wed Dec 16, "While Bitcoin is great as a billionaire's speculative plaything, it's hardly auseful digital currency or safe haven investment for the average punter. ", "The artificial scarcity that underpins Bitcoin -from its mining algorithm to the behavior of HODLers,who refuse to abandon their investment no matter how low it goes -helps push its price higher in the boom times; it does nothing to prevent a tumble when whales cash out. "
Crypto observers debate what’s next after Bitcoin hits record. According to Bloomberg Quint on Wed Dec 16, "Certainly, Bitcoin has room for significant gains while gold could also appreciate, albeit at a much slower pace.", "I personally think Bitcoin replacing the dollar is a pipe dream. "
Guggenheim’s scott minerd says Bitcoin should be worth $400,000. According to Bloomberg Quint on Wed Dec 16, "It's a similar argument to what's often offered by some of Bitcoin's most prominent backers, including famed investor Paul Tudor Jones, who said earlier this year he's been buying Bitcoin as a hedge against what he expects will be faster inflation after years of muted consumer-price increases. ", "Bitcoin's scarcity combined with "rampant money printing" by the Federal Reserve mean the digital token should eventually climb to about $400,000, Minerd, the firm's chief investment officer, said in an interview. "
Bitcoin extends record-setting rally, surpassing $21,800. According to Bloomberg Quint on Thu Dec 17, "Bitcoin extended a record-breaking rally, taking the world's largest cryptocurrency past $21,800 for the first time.", "Bitcoin has more than tripled this year, a surge that's polarized opinion. "
Bitcoin tops $22,000 and strategists say rally has further to go. According to Bloomberg Quint on Thu Dec 17, "Bitcoin and the wider Bloomberg Galaxy Crypto Index have both more than tripled this year. ", "The rally in digital assets is polarizing opinion, given Bitcoin's history of boom and bust. "
Bitcoin hits new all-time high above $23,000, extending its wild 2020 rally. According to CNBC on Thu Dec 17, "Bitcoin only just smashed the $20,000 mark on Wednesday.", "Bitcoin later pared back its gains slightly, trading over 8% higher at about 22,600 by 6 a.m. ET."
Quants ride into crypto wild west in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, "Today, the founder of $820 million Florin Court Capital trades in some 350 alternative markets -- and none have felt as wild, lucrative or cutting-edge as Bitcoin. ", "Read more: Even Robots Are Joining the Bitcoin Craze as Quants Seek an Edge"
Bitcoin is up 200% this year. investment pros say the price could reach $400,000. According to MarketWatch on Thu Dec 17,
Bitcoin exchange coinbase files for initial public offering. According to The Wall Street Journal on Thu Dec 17,
Popular crypto exchange coinbase files confidentially to take itself public as Bitcoin price soars to record above $23,000. According to MarketWatch on Thu Dec 17,
Largest U.S. cryptocurrency exchange coinbase files for IPO as Bitcoin soars past $23,000. According to CNBC on Thu Dec 17, "Bitcoin has garnered much attention from investors lately, and Paul Tudor Jones and Stanley Druckenmiller are among those who have come out in favor of the cryptocurrency. "