Ethereum is currently on bullish momentum. At 13:03 EST on Thu 17 Dec, Ethereum is at $659.70 and up by 6.68% in the last 24 hours.
Ethereum Range
Over the last six hours, Ethereum's higher value was $671.35 and the lower value was $657.04.
Over the last twelve hours, Ethereum's higher value was $671.35 and the lower value was $640.40.
Regarding Ethereum's daily highs and lows, it's 6.682% up from its trailing 24-hour low of $618.38 and 1.735% down from its trailing 24-hour high of $671.35.
Concerning Ethereum's yearly highs and lows, it's 593.108% up from its 52-week low and 2.091% down from its 52-week high.
News about Bitcoin
JPMorgan says massmutual’s Bitcoin foray signals widening demand. According to Bloomberg Quint on Mon Dec 14, "The $100 million purchase suggests adoption of Bitcoin is spreading from family offices and wealthy investors to insurance firms and pension funds, strategists including Nikolaos Panigirtzoglou said in a note Friday. ", ""MassMutual's Bitcoin purchases represent another milestone in the Bitcoin adoption by institutional investors," the strategists said. "
Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, "Bitcoin Cash gained more than 9%, while the Bloomberg Galaxy Crypto Index advanced as much as 2%.", "Bitcoin rose as much as 1.9% on Tuesday to trade around $19,562. "
Bitcoin surpasses $20,000 for first time amid dizzying rally. According to Bloomberg Quint on Wed Dec 16, "Bitcoin surpassed $20,000 for the first time, another milestone in what's been an eye-popping rally for the controversial digital asset this year.", "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, "Toronto-based CI Financial will manage the fund while investor Mike Novogratz's Galaxy Digital Capital Management will be Bitcoin sub-adviser. ", "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. "
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.", "Read more: Paul Tudor Jones Buys Bitcoin, Citing Echo of Gold in the 1970s"
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, "But before you race to open a digital wallet, look back to what happened to Bitcoin last time it approached these levels. ", "Even as payments companies like PayPal Holdings Inc. or Square Inc. strive to bring Bitcoin trading to the masses, very few merchants directly touch the stuff. "
Crypto observers debate what’s next after Bitcoin hits record. According to Bloomberg Quint on Wed Dec 16, "For more insights, read the full conversation from the TOPLive panel: Bitcoin Q&A: What Next for Cryptocurrencies? ", "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. "
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%.", ""Our fundamental work shows that Bitcoin should be worth about $400,000," Minerd told Bloomberg Television on Wednesday. "
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 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 only just smashed the $20,000 mark on Wednesday.", "Bitcoin hit a fresh record high above $23,000 on Thursday, extending a wild rally for the cryptocurrency that has seen it more than triple in value this year."
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. ", "Cambrian Asset Management, whose executives hail from the likes of Millennium Management and Winton Capital, is also hoping some downside protection will help the firm lure Bitcoin-curious family offices and institutions."
Bitcoin is up 200% this year. investment pros say the price could reach $400,000. According to MarketWatch on Thu Dec 17,