Bitcoin is currently on bullish momentum. At 19:03 EST on Thu 17 Dec, Bitcoin is at $22,806.80 and up by 6.78% in the last 24 hours.
Bitcoin Range
Over the last six hours, Bitcoin's higher value was $23,210.50 and the lower value was $22,647.70.
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 6.78% up from its trailing 24-hour low of $21,358.70 and 2.977% down from its trailing 24-hour high of $23,506.70.
Regarding Bitcoin's yearly highs and lows, it's 0% down from its 52-week low and 0% 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.", "The largest have come from the region, with exchanges in North America getting net inflows of Bitcoin from other areas worldwide. "
Bitcoin surpasses $20,000 for first time amid dizzying rally. According to Bloomberg Quint on Wed Dec 16, "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 has surged despite a severe crash in March that saw it lose 25% amid the coronavirus pandemic. "
Canada’s CI financial completes $72 million IPO of Bitcoin fund. According to Bloomberg Quint on Wed Dec 16, ""Having a product that can be bought directly -- it can be bought through their financial adviser on behalf of them -- it just makes their life a lot simpler than having to address their desire for Bitcoin via different structures and wallets," MacAlpine said in an interview.", "Toronto-based CI Financial will manage the fund while investor Mike Novogratz's Galaxy Digital Capital Management will be Bitcoin sub-adviser. "
Bitcoin whale surfaces with $1 billion and alan howard’s backing. According to Bloomberg Quint on Wed Dec 16, "Mike Novogratz, the macro trader who started Galaxy Digital Holdings Ltd., has been saying "the cavalry is coming" for years, only to watch as Bitcoin slumped to a recent low of $3,157 in December 2018 before recovering.", "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, "News on Wednesday that One River Asset Management has set up a fund company that will have about $1 billion in Bitcoin and fellow digital coin Ether by early next year suggests that institutional investors are starting to take cryptocurrencies more seriously.", "None of this bothers the champions of "digital gold,"who push the narrative that Bitcoin serves as some kind of metaphorical mattress under which everyone should stuff rapidly depreciating dollars or euros."
Crypto observers debate what’s next after Bitcoin hits record. According to Bloomberg Quint on Wed Dec 16, "Weisberger: If increasing numbers of asset owners (pension funds, insurance companies, wealth managers, etc.) start to believe in that narrative, then there simply isn't enough Bitcoin float to absorb those buyers without significant price appreciation. ", "Coppola: There's a small minority of holders who believe Bitcoin will eventually replace the dollar. "
Guggenheim’s scott minerd says Bitcoin should be worth $400,000. According to Bloomberg Quint on Wed Dec 16, "His comments came on the same day Bitcoin breached $20,000 for the first time, bringing its 2020 gain to 190%.", "As Bitcoin surges to record highs, Scott Minerd of Guggenheim Investments believes the world's largest cryptocurrency's fair value still has a ways to go."
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's scarcity combined with "rampant money printing" by the Federal Reserve mean the digital token should eventually climb to about $400,000, Scott Minerd, the chief investment officer at Guggenheim, said on Bloomberg TV on Wednesday.", ""The lowest-ever Bitcoin annual volatility measure versus gold and the stock market near the end of 2020 may sustain the crypto's performance advantage in 2021," said Bloomberg Intelligence strategist Mike McGlone in a report. "
Bitcoin hits new all-time high above $23,000, extending its wild 2020 rally. According to CNBC on Thu Dec 17, "Bitcoin later pared back its gains slightly, trading over 8% higher at about 22,600 by 6 a.m. ET.", "Bitcoin only just smashed the $20,000 mark on Wednesday."
Quants ride into crypto wild west in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, "Fragmented liquidity and a top-to-bottom trading range of more than 500% this year are proving both a friend and foe to exotic quants seeking to exploit the crypto Wild West -- without getting killed by Bitcoin's famous volatility.", "Florin Court, which trades a large number of assets in addition to Bitcoin, is up 0.9% this year, Greenig said."
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. "