Litecoin is currently on bullish momentum. At 06:08 EST on Monday, 28 December, Litecoin is at $131.04 and up by 1.07% in the last 6 hours.
Litecoin Range
Over the last six hours, Litecoin’s higher value was $131.36 and the lower value was $129.20.
Over the last twelve hours, Litecoin’s higher value was $131.36 and the lower value was $127.71.
In relation to Litecoin’s daily highs and lows, it’s 4.431% up from its trailing 24-hour low of $125.48 and 4.147% down from its trailing 24-hour high of $136.71.
About Litecoin’s yearly highs and lows, it’s 412.476% up from its 52-week low and 5.263% 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, “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.”, “”This year’s energy prices were particularly low as Bitcoin prices have increased.””
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. “, “”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. “
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. “, “Bitcoin has divided opinion as its price more than tripled in 2020 amid a worsening pandemic. “