Litecoin is currently on bearish momentum. At 16:08 EST on Sunday, 27 December, Litecoin is at $125.48 and down by 8.27% in the last 6 hours.
Over the last six hours, Litecoin’s higher value was $135.86 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.
Concerning Litecoin’s daily highs, it’s 8.214% down from its trailing 24-hour high of $136.71
In relation to Litecoin’s yearly highs and lows, it’s 390.731% up from its 52-week low and 9.217% 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
michael saylor, the CEO who turned a software company into a Bitcoin company. According to Bloomberg Quint on Thu Dec 24, “This past summer, the business intelligence software company MicroStrategy made waves when it put some of its extra cash into Bitcoin. “, “Then, as Bitcoin ran up, it bought more, and the stock has now soared thanks to the bet. “
Bitcoin rally has already outlasted 2017 run. According to The Wall Street Journal on Thu Dec 24, “Bitcoin bulls say the money fueling this year’s rally is coming from more reliable sources than past rallies. “
Bitcoin crushes doubters as 224% rally proves it’s here to stay. According to Bloomberg Quint on Thu Dec 24, “Talking Gold and Bitcoin with Anthony “Pomp” Pompliano”, “Since Bitcoin’s market capitalization reached $1 billion in March 2013, there have been two cycles of spikes to record highs, followed by drawdowns of more than 80%. “
Luxxfolio to acquire 590 Bitcoin miners. According to Business Insider on Thu Dec 24,
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 is soaring once again, hitting a new record price of $24,661 on Friday, with investors declaring “Happy Bitmas,” on social media.”, “Known as the leading cryptocurrency, Bitcoin has been a surprise success during the pandemic, quickly becoming a competitor to gold in some portfolios.”
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “”We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway,” said Tyler Page, a business developer at Bitfury. “, “The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled.”
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, “”What’s happening now — and it’s happening faster than anyone could ever imagine — is that Bitcoin is moving from a fringe esoteric asset to the mainstream,” said Matt Hougan, chief investment officer of Bitwise Asset Management. “, “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.”