Bitcoin is currently on bullish momentum. At 00:03 EST on Thu December 17, Bitcoin is at $ 21,764.00 and up 5.45% in the last 12 hours.
Over the last six hours, the higher value of Bitcoin was $ 21,867.80 and the lower value was $ 21,308.30.
Over the last twelve hours, the higher value of Bitcoin was $ 21,867.80 and the lower value was $ 20,574.00.
In relation to Bitcoin daily highs and lows, it is 12.423% up from its 24-hour low of $ 19,359.00 and 0.475% down from its 24-hour high of $ 21,867.80.
In relation to Bitcoin’s annual highs and lows, it is 429.927% up from its 52-week low and 1.37% down from its 52-week high.
Recent days news about Bitcoin
What is the value of Bitcoin? little consensus in the fragmented market. According to The Wall Street Journal on Sun Dec 13, “Bitcoin enthusiasts agree that the digital currency has recently hit a record.”, “Bitcoin and hundreds of other cryptocurrencies are trading on independent exchanges around the world.”
JPMorgan says Bitcoin massmutual signals are expanding demand. According to Bloomberg Quint on Monday December 14, “If pension funds and insurance companies in the US, eurozone, UK and Japan allocate 1% of assets to Bitcoin, that would result in an additional Bitcoin demand of $ 600 billion, say the strategists. ” , “” MassMutual Bitcoin purchases represent another milestone in the adoption of Bitcoin by institutional investors, “said the strategists.”
Fund managers see Bitcoin trade overflowing as organizations jump in. According to Bloomberg Quint on Tuesday Dec. 15, “Guggenheim Partners LLC, for example, recently stated that it could invest up to 10% of its $ 5.3 billion Macro Opportunity Fund in a Bitcoin trust.” , “The largest has come from the region, with exchanges in North America receiving net inflows of Bitcoin from other areas around the world.”
Bitcoin surpasses $ 20,000 for the first time amid a dizzying rally. According to Bloomberg Quint on Wed December 16, “Bitcoin surpassed $ 20,000 for the first time, another milestone in what has been an impressive rally for this controversial digital asset this year…,” Guggenheim Partners LLC said, for example , recently reported that it could invest up to 10% of its $ 5.3 billion Macro Opportunity Fund in a Bitcoin trust. “
Canadian financial CI completes $ 72 million IPO of Bitcoin fund. According to Bloomberg Quint on Wed December 16, “Bitcoin has gained popularity as a hedge against the weakness of the US dollar and as investors seek to boost earnings amid rock bottom interest rates.”, “Bitcoin held in the fund is stored in a separate part. cold storage system, and investors will be able to redeem the fund’s units at net asset value annually. “
Bitcoin whale surfaces with $ 1 billion support and alan howard. According to Bloomberg Quint on Wed December 16, “While gold also stands to appreciate in a world of deflationary currency and fears of inflation, Peters believes that Bitcoin and Ether prices may far outweigh the rising n rising. “,” In addition to its initial purchases, One River Digital Asset Management has commitments that will bring Bitcoin and Ether holdings to about $ 1 billion at the beginning of 2021, he said. “
Bitcoin is at the top of $ 20,000 for the first time. According to The Wall Street Journal on Wed Dec 16, “Bitcoin rose above $ 20,000 on Wednesday for the first time in its 11-year history, part of a furious rally that has seen digital currency double since September.”
Bitcoin prices are plunging to a 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 earnings for the digital asset complemented by a flood of institutional investor coverage on cryptos like bitcoin and other virtual currencies. “
Everyone aboard the billionaires Bitcoin bandwagon ?. According to Bloomberg Quint on Wed Dec 16, “News on Wednesday that One River Asset Management has established a fund company that will have about $ 1 billion in Bitcoin and a digital Ether joint coin by early next year suggests that institutional investors is starting to take cryptocurrencies more seriously. “,” Now that Bitcoin has reached $ 20,000 for the first time, should you move your hard-earned cash to digital currency? “
Crypto observers discuss what’s next after Bitcoin hits a record. According to Bloomberg Quint on Wed December 16, “That, along with the apparent success of Bitcoin’s inflation-free monetary policy, has been and will continue to be the main driver of the rally.”, “I personally think Bitcoin is Replacing the dollar is a pipe dream. “
Minerd scott Guggenheim says Bitcoin should be worth $ 400,000. According to Bloomberg Quint on Wed December 16, “His comments came the same day that Bitcoin cut $ 20,000 for the first time, bringing its 2020 earnings to 190%.”, “As Bitcoin swells to record highs, Scott Minerd of Guggenheim Investments believes that the fair value of the world’s largest cryptocurrency 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 is polarizing opinion . “