Litecoin On Bearish Momentum: 4.32% Down In The Last 6 Hours

Litecoin is currently on bearish momentum. At 07:03 EST on Thursday, 4 February, Litecoin is at $146.72 and down by 4.32% in the last 6 hours.

Litecoin Range

Over the last six hours, Litecoin’s higher value was $153.06 and the lower value was $146.72.

Over the last twelve hours, Litecoin’s higher value was $157.03 and the lower value was $146.72.

About Litecoin’s daily highs, it’s 6.566% down from its trailing 24-hour high of $157.03

In relation to Litecoin’s yearly highs and lows, it’s 473.797% up from its 52-week low and 21.025% down from its 52-week high.

Volatility

Litecoin’s last day, last week, and last month’s average volatility was 9.19%, 4.68%, and 4.98%, respectively.

Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 9.65%, 8.27%, and 11.97%, respectively.

Last news about Litecoin

According to FX Empire on Monday, 1 February, “Binance Coin (-1.00%), Bitcoin Cash SV (-0.55%), and Litecoin (-2.96%) saw relatively modest losses on the day.”

News about Bitcoin

A rally in Bitcoin sparked by Elon Musk has almost evaporated. According to Bloomberg Quint on Monday, 1 February, “Some argue Bitcoin is winning a wider investor base because it’s muscling in on gold as a hedge for risks such as dollar weakness or faster inflation. “, “The wider Bloomberg Galaxy Crypto Index, which includes Bitcoin and second-ranked Ether, dipped 2%.”

Musk says he’s a Bitcoin ‘supporter,’ buffeting price again. According to Bloomberg Quint on Monday, 1 February, “Elon Musk once again sent ripples through the price of Bitcoin after declaring that he’s a supporter of the largest cryptocurrency.”, “Some argue Bitcoin is winning a wider investor base because it’s muscling in on gold as a hedge for risks such as dollar weakness or faster inflation. “

Accelerate files preliminary prospectus for accelerate Bitcoin ETF. According to Business Insider on Wednesday, 3 February, “CALGARY, AB, Feb. 2, 2021 /CNW/ -Accelerate Financial Technologies Inc., (“Accelerate”) is pleased to announce that it has filed and obtained a receipt for a preliminary prospectus with the Canadian securities regulators for Accelerate Bitcoin ETF (“ABTC”).”

Goldman Sachs’s rahmani strikes warning over Bitcoin value. According to Bloomberg Quint on Wednesday, 3 February, “Rahmani drew a distinction between Bitcoin and blockchain technology, the public, mostly anonymous ledger that records all the currency’s transactions. “, “Rahmani’s skepticism about Bitcoin’s intrinsic value echoes that of European Central Bank governing council member Gabriel Makhlouf, who said last month Bitcoin investors should be prepared to “lose all their money.” Still, the cryptocurrency has plenty of high-profile proponents.”

Bitcoin proselytizer saylor says over 1,000 firms join webinar. According to Bloomberg Quint on Wednesday, 3 February, “However, Bitcoin — the world’s largest digital asset — is still prone to volatile price moves, as seen this month, undermining the case for moving a company’s rainy day fund into an asset that has been known to witness single-session swings of more than 10% this year.”, “Michael Saylor says he sees an “avalanche” of companies moving their cash into Bitcoin over the next 12 months.”