Ethereum On Bearish Momentum: 4.78% Down In The Last 6 Hours – Via News Agency

Ethereum is currently on bearish momentum. At 22:03 EST on Saturday, 6 February, Ethereum is at $1,629.39 and down by 4.78% in the last 6 hours.

Over the last six hours, Ethereums higher value was $1,707.32 and the lower value was $1,629.39.

Over the last twelve hours, Ethereums higher value was $1,707.32 and the lower value was $1,629.39.

Regarding Ethereums daily highs, its 4.564% down from its trailing 24-hour high of $1,707.32

In relation to Ethereums yearly highs and lows, its 1611.904% up from its 52-week low and 3.589% down from its 52-week high.

Ethereums last day, last week, and last months average volatility was 2.43%, 6.20%, and 5.92%, respectively.

Ethereums last day, last week, and last months high and low average amplitude percentage was 5.41%, 8.82%, and 12.47%, respectively.

Ethereum catapults to new all-time high past $1,600 as investors pile in ahead of next week's launch of CME futures. According to Business Insider on Thursday, 4 February, "Although the trade seems to be partly fueled by speculation, a major factor driving demand is the Chicago Mercantile Exchanges launch of Ethereum futures on February 8.", "Grayscale Investments, the worlds largest cryptocurrency fund manager, this week added an extra 25,000 ETH coins, bringing its total Ethereum holdings to $4.5 billion. "

Bitcoin, ethereum technical analysis: bid into a busy weekend. According to DailyFX on Friday, 5 February, "Should Ethereum pull back, there could be some possible opportunity for analysis to enter the equation. ", "At this point, Ethereum is up more than 130% in 2021 alone, and were barely a month into the New Year."

Klarna CEO cautions executives promoting Bitcoin investments. According to Bloomberg Quint on Thursday, 4 February, "Michael Saylor, CEO of MicroStrategy Inc. and a Bitcoin proselytizer, said this week at his companys World Now global conference that he sees an "avalanche" of companies moving their cash into Bitcoin over the next 12 months."

Bitcoin declines after bouncing off top of recent price range. According to Bloomberg Quint on Thursday, 4 February, "A strengthening dollar since the start of the year has kept Bitcoin stuck in a consolidation phase, but that could be ending soon, according to Ed Moya, senior market analyst at Oanda Corp."

Only 15% of Bitcoin traders are women, broker study shows. According to Bloomberg Quint on Friday, 5 February, "Women make up only 15% of Bitcoin traders, according to a brokerage study that shows how stark the gender disparity is in the world of cryptocurrencies.", "said the percentage of women holding Bitcoin on its platform increased from just 10% a year ago."

According to Business Insider on Friday, 5 February, "The price of Bitcoin skyrocketed in 2020, prompting a wave of new investors to sign up to various trading platforms. "