Litecoin is currently on bullish momentum. At 00:06 EST on Sunday, 10 January, Litecoin is at $179.80 and up by 8.89% in the last 24 hours.
Litecoin Range
Over the last six hours, Litecoin’s higher value was $183.04 and the lower value was $178.21.
Over the last twelve hours, Litecoin’s higher value was $183.04 and the lower value was $170.93.
Concerning Litecoin’s daily highs and lows, it’s 8.99% up from its trailing 24-hour low of $164.97 and 1.77% down from its trailing 24-hour high of $183.04.
Regarding Litecoin’s yearly highs and lows, it’s 603.168% up from its 52-week low and 2.869% down from its 52-week high.
Volatility
Litecoin’s last day, last week, and last month’s average volatility was 2.16%, 4.79%, and 2.84%, respectively.
Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 19.86%, 15.04%, and 12.08%, respectively.
News about Bitcoin
Crypto market value tops $1 trillion as Bitcoin breaches $37,000. According to Bloomberg Quint on Thursday, 7 January, “Proponents of Bitcoin argue it offers a hedge against dollar weakness and the risk of faster inflation, a bit like gold, while critics decry the intellectual soundness of comparing the two assets.”, “Fewer than 2% of accounts hold 95% of Bitcoin supply, so a few big trades can impact prices. “
Bitcoin rally draws first-time buyers in India but also fraudsters. According to Bloomberg Quint on Thursday, 7 January, “Globally too, calls from large investment houses has given credence to the view that Bitcoin may be seen as an alternative to gold. “, “A crowding out of gold as an ‘alternative’ currency implies big upside for Bitcoin over the long term,” the investment bank said in its latest report.”
Equos launches Bitcoin perpetual futures contracts. According to Business Insider on Thursday, 7 January, “EQUOS, the cryptocurrency exchange of Diginex Limited (Nasdaq: EQOS), the digital assets financial services company, announced today that it has launched its Bitcoin (BTC) Perpetual Futures Contract (BTC/USDC(F)).”
Broker touts exotic Bitcoin bet to squeeze income from crypto. According to Bloomberg Quint on Thursday, 7 January, “And if Bitcoin crashes again — as it did three years ago — investors would lose, but less than they would by trading Bitcoin directly.”, “If Bitcoin keeps multiplying in value, autocallable investors don’t get to participate in that upside: they’ll just get their capital back early, plus their coupons. “
Day-trader heaven arrives as Tesla, Bitcoin and stock options surge. According to Bloomberg Quint on Thursday, 7 January, “It was another day of euphoria for Bitcoin boosters and the options-slinger set as virtually all their favorite things launched skyward.”, “Stocks rallied with about 70% of the companies in the S&P 500 gaining, while Bitcoin cracked a record high above $40,000 and options activity soared.”
Grayscale holds over 3% of Bitcoin, sees pension-fund interest. According to Bloomberg Quint on Thursday, 7 January, “Grayscale Bitcoin Trust’s success may potentially be impacting Bitcoin’s supply, Sonnenshein said.”, “So there is definitely an argument to be made about Grayscale and really any other vehicle that may be removing Bitcoin from circulation and putting it into a financial product inherently increasing the scarcity of an already scarce asset,” Sonnenshein said. “
White-knuckle Bitcoin rally powers crypto’s best week since 2017. According to Bloomberg Quint on Friday, 8 January, “Cryptocurrencies are on course for their biggest weekly surge since the last bubble in Bitcoin peaked about three years ago, ahead of a spectacular crash.”, “The potential for “upside of historic proportions” suggests investors should keep buying Bitcoin and Ether, according to Rich Ross, a technical strategist at Evercore ISI.”
Billionaire investor chamath palihapitiya predicted Tesla stock will triple and Bitcoin will soar 5-fold in a recent interview. here are the 15 best quotes.. According to Business Insider on Saturday, 9 January, “Billionaire investor Chamath Palihapitiya predicted Tesla stock will double or triple and Bitcoin will soar five-fold during an interview on CNBC’s “Halftime Report” this week.”, “It’s probably going to $100,000, then $150,000, then $200,000.” – Palihapitiya didn’t specify a timeframe, saying it could take five or 10 years for Bitcoin to reach those prices.”
According to Business Insider on Saturday, 9 January, “MicroStrategy started a chain reaction when it bought $425 million worth of bitcoin in August and September, Jimmy Nguyen, president of the Bitcoin Association, told Insider. “
I won the race to Bitcoin 40k ⦠and so can you. According to Business Insider on Saturday, 9 January, “The post I Won the Race to Bitcoin 40K … and So Can You appeared first on InvestorPlace.”