Litecoin is currently on bullish momentum. At 20:03 EST on Tuesday, 29 December, Litecoin is at $131.50 and up by 4.41% in the last 6 hours.
Litecoin Range
Over the last six hours, Litecoin’s higher value was $131.50 and the lower value was $125.93.
Over the last twelve hours, Litecoin’s higher value was $131.50 and the lower value was $122.48.
Regarding Litecoin’s daily lows, it’s 7.364% up from its trailing 24-hour low of $122.48
Concerning Litecoin’s yearly highs and lows, it’s 414.275% up from its 52-week low and 4.931% down from its 52-week high.
Volatility
Litecoin’s last day, last week, and last month’s average volatility was 1.98%, 3.20%, and 2.04%, respectively.
Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 7.18%, 13.46%, and 11.12%, respectively.
News about Bitcoin
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sunday, 27 December, “”We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway,” said Tyler Page, a business developer at Bitfury. “, “”It is one of the biggest developments in Bitcoin mining to look out for.””
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sunday, 27 December, “”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. “, “But for Bitcoin, 2020 has been a marvelous time.”
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Monday, 28 December, “Bitcoin has divided opinion as its price more than tripled in 2020 amid a worsening pandemic. “, “Read more: Bitcoin Crushes Doubters as 224% Rally Proves It’s Here to Stay”
Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Monday, 28 December, “Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.”, “Others question Bitcoin’s validity as an investment and point to the digital currency’s history of wild rallies followed by crashes.”
Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Monday, 28 December, “Shares of bitcoin mining companies Riot Blockchain and Marathon Patent Group soared on Monday morning following bitcoin’s record holiday weekend rally. “, “As bitcoin’s price increases, new bitcoin mining devices become more difficult and expensive to procure. “
Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tuesday, 29 December, “Grayscale Bitcoin Trust (OTC:GBTC) and Grayscale Ethereum Trust (OTC:ETHE) closed 11.33% and 4.32% higher at $30.45 and $16.90 on Monday, respectively.”, “Bitcoin(BTC) rally seems headed for abreather in early January, as per Newton Advisors President Mark Newton.”
Bitcoin looks to gain traction in payments. According to The Wall Street Journal on Tuesday, 29 December, “Vegas Auto Gallery, a luxury auto dealership in Las Vegas, has become a playground for wealthy bitcoin investors who want to cash in.”, “Companies like Robinhood Markets Inc. and PayPal Holdings Inc. allowed their customers to buy and sell bitcoin.”