Litecoin is currently on bearish momentum. At 20:03 EST on Monday, 28 December, Litecoin is at $126.30 and down by 4.35% in the last 6 hours.
Litecoin Range
Over the last six hours, Litecoin’s higher value was $131.79 and the lower value was $126.30.
Over the last twelve hours, Litecoin’s higher value was $135.15 and the lower value was $126.30.
About Litecoin’s daily highs, it’s 6.631% down from its trailing 24-hour high of $135.27
In relation to Litecoin’s yearly highs and lows, it’s 393.938% up from its 52-week low and 8.69% down from its 52-week high.
Volatility
Litecoin’s last day, last week, and last month’s average volatility was a negative 1.52%, a positive 1.60%, and a positive 2.14%, respectively.
Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 12.36%, 14.75%, and 11.18%, respectively.
News about Bitcoin
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “”This year’s energy prices were particularly low as Bitcoin prices have increased.””, “”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. “
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, “Clayton’s exit from the regulator is welcome news for crypto fans who saw him take a hard line over the years, suing to halt initial coin offerings, rejecting applications for Bitcoin exchange-traded funds and launching a last-minute lawsuit against Ripple Labs Inc. Gensler, who served as a Commodity Futures Trading Commission chairman during the Obama administration, is a senior advisor to the MIT Media Lab Digital Currency Initiative and teaches about blockchain technology and digital currencies.”, “But for Bitcoin, 2020 has been a marvelous time.”
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, “Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,150 as of 1 p.m. in Tokyo. “, “Read more: Bitcoin Crushes Doubters as 224% Rally Proves It’s Here to Stay”
Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Mon Dec 28,