Litecoin is currently on bullish momentum. At 07:06 EST on Monday, 28 December, Litecoin is at $135.27 and up by 4.7% in the last 6 hours.
Litecoin Range
Over the last six hours, Litecoin’s higher value was $135.27 and the lower value was $129.20.
Over the last twelve hours, Litecoin’s higher value was $135.27 and the lower value was $127.71.
Regarding Litecoin’s daily highs and lows, it’s 7.802% up from its trailing 24-hour low of $125.48 and 1.053% down from its trailing 24-hour high of $136.71.
In relation to Litecoin’s yearly highs and lows, it’s 429.018% up from its 52-week low and 2.205% 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.”, “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, “The current market dynamics give big miners alternatives to places where Bitcoin are usually created such as China, Kazakhstan and Canada.”, “”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, “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. “, “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.”
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. “