Litecoin is currently on bearish momentum. At 19:06 EST on Sunday, 27 December, Litecoin is at $127.78 and down by 2.72% in the last 6 hours.
Over the last six hours, Litecoin’s higher value was $132.10 and the lower value was $125.48.
Over the last twelve hours, Litecoin’s higher value was $136.71 and the lower value was $125.48.
About Litecoin’s daily highs and lows, it’s 1.833% up from its trailing 24-hour low of $125.48 and 6.532% down from its trailing 24-hour high of $136.71.
Concerning Litecoin’s yearly highs and lows, it’s 0% down from its 52-week low and 0% down from its 52-week high.
Litecoin’s last day and last week average volatility is a positive 1.95% and a positive 9.05%, respectively. Litecoin’s high and low amplitude percentage in the last week was 14.94%.
News about Bitcoin
Bitcoin surges to fresh record high and looks set to break the $25,000 level: ‘merry bitmas’. According to Business Insider on Fri Dec 25, “Bitcoin’s market cap could reach $1 trillion sometime in 2021, according to Garrick Hileman, head of research at Blockchain.com, if investors take its reserve currency status more seriously.”, “Bitcoin has a current market cap of about $350 billion, while that of gold’s stands at roughly $10 trillion.”
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “The current market dynamics give big miners alternatives to places where Bitcoin are usually created such as China, Kazakhstan and Canada.”, “”We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway,” said Tyler Page, a business developer at Bitfury. “
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, “While none of those reasons for buying Bitcoin comport with its origins as an alternative to fiat currencies, they do point to a growing acceptance of crypto as an asset class of its own. “, “Janet Yellen, who’s been nominated to serve as Treasury secretary in Biden’s administration, has in recent years cautioned investors over Bitcoin, saying it was a “highly speculative asset” and “not a stable store of value.” A representative didn’t immediately return a request seeking comment.”