Litecoin is currently on bearish momentum. At 19:06 EST on Monday, 25 January, Litecoin is at $137.16 and down by 6.04% in the last 12 hours.
Litecoin Range
Over the last six hours, Litecoin’s higher value was $141.27 and the lower value was $137.16.
Over the last twelve hours, Litecoin’s higher value was $145.55 and the lower value was $137.16.
About Litecoin’s daily highs, it’s 6.662% down from its trailing 24-hour high of $146.95
About Litecoin’s yearly highs and lows, it’s 0% down from its 52-week low and 0% down from its 52-week high.
Volatility
Litecoin’s last day, last week, and last month’s average volatility was a positive 2.71%, a negative 0.19%, and a positive 0.28%, respectively.
Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 6.08%, 11.16%, and 12.76%, respectively.
Last news about Litecoin
According to FX Empire on Monday, 25 January, “Binance Coin (+2.28%), Bitcoin Cash SV (+1.59%), Cardano’s ADA (+2.21%), Crypto.com Coin (+1.40%), and Litecoin (+2.43%) also found strong support.”, “Binance Coin (-8.64%), Cardano’s ADA (-7.06%), Crypto.com Coin (-7.98%), Litecoin (-1.14%), and Ripple’s XRP (-11.96%) also joined Bitcoin in the red.”
According to Bloomberg Quint on Monday, 25 January, “Grayscale’s Litecoin Trust (LTCN) is currently trading at about a 2,275% premium, with its price at $295 a share and a net asset value of $12.42. “
News about Bitcoin
Iran blames 1600 Bitcoin processing centers for massive blackouts in tehran and other cities. According to Business Insider on Saturday, 23 January, “The Iranian government has blamed Bitcoin and other forms of cryptocurrency for power outages across the country that have left millions in darkness.”, “According to local media, state-owned electricity firm Tavanir shut down a large Iranian-Chinese Bitcoin farm amid the power outages.”
According to Business Insider on Saturday, 23 January, “For the Bitcoin theme, Hasson had identified over 10 stocks on the NASDAQ as well as over-the-counter stocks to watch and monitor everyday.”, “To demonstrate how he approaches swing trading, Hasson lays out his recent Bitcoin OTC trade on the podcast.”
Bitcoin outlook: my mantra for 2021 can make you money. According to Business Insider on Saturday, 23 January, “The post Bitcoin Outlook: My Mantra for 2021 Can Make You Money appeared first on InvestorPlace.”
Bitcoin return to $40,000 in doubt as grayscale fund flows slow. According to Bloomberg Quint on Monday, 25 January, “At the moment, the institutional flow impulse behind the Grayscale Bitcoin Trust is not strong enough for Bitcoin to break out above $40,000,” the strategists said. “, “Cryptocurrency enthusiasts counting on Bitcoin to bounce back above the $40,000 level face a challenge due to faltering demand for the biggest fund tracking the digital asset, according to JPMorgan Chase & Co.”
80% of white respondents are aware of Bitcoin compared to 66% of hispanics and 61% of black respondents, new study by simplemoneylyfe. According to Business Insider on Monday, 25 January, “The research, which analyzed exclusive survey results and public databases, also discovered that males are more aware of Bitcoin than females, and 67% of Millennials favor Bitcoin over gold.”, “Male vs Female Bitcoin Awareness: According to another survey, 78% of male survey respondents reported being aware of Bitcoin, while only 71% of females were aware of this particular digital asset (18+ or Older).”
Stock alert: the9 jumps 25%, co. to buy Bitcoin mining machines. According to Business Insider on Monday, 25 January, “The9 announced that it signed five legally binding Memorandum of Understanding with five Bitcoin mining machine owners to purchase Bitcoin mining machines by the issuance of shares.”, “After the completion of the transaction, The9 is expected to own 26,007 Bitcoin mining machines, with a total hash rate of around 549PH/S.”
Crypto markets show more signs of excess amid Bitcoin rebound. According to Bloomberg Quint on Monday, 25 January, “Saylor invested $425 million of his company’s $500 million cash into Bitcoin last year. “, “The Bitcoin proselytizer then raised an additional $650 million through convertible senior notes to invest in the world’s largest cryptocurrency in December. “
Crypto hedge funds underperformed Bitcoin during rally last year. According to Bloomberg Quint on Monday, 25 January, “Actively managed cryptocurrency hedge-funds underperformed Bitcoin during the largest digital asset’s bull run last year, according to Crypto Fund Research.”, “It may also be that they have exposure to cryptos besides Bitcoin that have done well as well. “