Litecoin is currently on bearish momentum. At 00:06 EST on Monday, 28 December, Litecoin is at $127.71 and down by 0.05% in the last 6 hours.
Litecoin Range
Over the last six hours, Litecoin’s higher value was $130.32 and the lower value was $127.71.
Over the last twelve hours, Litecoin’s higher value was $132.10 and the lower value was $125.48.
Regarding Litecoin’s daily highs and lows, it’s 1.777% up from its trailing 24-hour low of $125.48 and 6.583% down from its trailing 24-hour high of $136.71.
Concerning Litecoin’s yearly highs and lows, it’s 399.452% up from its 52-week low and 7.671% down from its 52-week high.
Volatility
Litecoin’s last day and last week average volatility is a negative 1.52% and a positive 7.70%, respectively. Litecoin’s high and low amplitude percentage in the last week was 14.35%.
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, “However, Bitcoin investors – known for their unquenchable optimism – think this is just the start.”, “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, “”There is a very important strategic shift away from mining in China to mining in western countries like Sweden as Bitcoin investors become more public and want more stability and critical safety,” said Salter at Genesis. “, “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, “But with Bitcoin capturing greater attention, it could also garner further scrutiny from regulators, says Guy Hirsch, managing director for the U.S. at online-trading platform eToro. “, “”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. “
