Litecoin is currently on bullish momentum. At 15:05 EST on Monday, 8 February, Litecoin is at $162.16 and up by 6.89% in the last 12 hours.
Litecoin Range
Over the last six hours, Litecoin’s higher value was $164.95 and the lower value was $160.80.
Over the last twelve hours, Litecoin’s higher value was $164.95 and the lower value was $150.46.
Regarding Litecoin’s daily highs and lows, it’s 9.368% up from its trailing 24-hour low of $148.27 and 1.691% down from its trailing 24-hour high of $164.95.
About Litecoin’s yearly highs and lows, it’s 534.181% up from its 52-week low and 12.714% down from its 52-week high.
Volatility
Litecoin’s last day, last week, and last month’s average volatility was 3.02%, 5.21%, and 5.18%, respectively.
Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 7.87%, 9.09%, and 11.48%, respectively.
Last news about Litecoin
According to FX Empire on Monday, 8 February, “Ethereum (-3.84%), and Litecoin (-3.22%), Polkadot (-2.16%), and Ripple’s XRP (-5.48%) also saw relatively heavy losses.”
News about Bitcoin
Only 15% of Bitcoin traders are women, broker study shows. According to Bloomberg Quint on Friday, 5 February, “said the percentage of women holding Bitcoin on its platform increased from just 10% a year ago.”, “Women make up only 15% of Bitcoin traders, according to a brokerage study that shows how stark the gender disparity is in the world of cryptocurrencies.”
According to Business Insider on Friday, 5 February, “The price of Bitcoin skyrocketed in 2020, prompting a wave of new investors to sign up to various trading platforms. “
Bill miller to allow opportunity fund to buy into Bitcoin trust. According to Bloomberg Quint on Monday, 8 February, “Famed fund manager Bill Miller extended his endorsement of Bitcoin by reserving the right for one of his portfolios to indirectly invest in the largest cryptocurrency.”, “The Friday filing pointed out that currently “there is relatively small use of Bitcoin in the retail and commercial marketplace in comparison to the relatively large use of Bitcoin by speculators,” leading to price volatility.”
Bitcoin finds new momentum with prices approaching $40,000. According to Bloomberg Quint on Monday, 8 February, “This suggests that Bitcoin available to buy remains scarce despite record prices,” wrote Philip Gradwell, chief economist at the blockchain research firm.”, “In Bitcoin, famed fund manager Bill Miller extended his endorsement by reserving the right for his Miller Opportunity Trust to invest in the Grayscale Bitcoin Trust, a vehicle that institutions use for Bitcoin exposure, according to a U.S. regulatory filing.”
Bitcoin surges above $42,000 after Tesla discloses investment. According to Bloomberg Quint on Monday, 8 February, “If retail and institutional interest continues to grow over the next month, Bitcoin could target the $45,000 level,” said Edward Moya, a senior market analyst at forex broker Oanda Corp.”
Tesla bets big on Bitcoin, plans to accept cryptocurrency. According to Bloomberg Quint on Monday, 8 February, “We expect to begin accepting Bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limited basis,” Tesla said in the securities filing.”, “Musk has often tweeted about cryptocurrency-related topics and earlier this month called Bitcoin “a good thing” in an interview. “
Tesla trails only microstrategy in treasury Bitcoin allocation. According to Bloomberg Quint on Monday, 8 February, “Tesla Inc.’s announcement that it invested $1.5 billion in Bitcoin has made the electric automaker the second largest publicly-traded corporate holder of the digital currency, according to data from bitcointreasuries.org.”, “No other publicly-traded corporation tracked by the website holds more than $720 million of Bitcoin in its coffers.”
Crypto stocks rally with Tesla pushing Bitcoin above $44,000. According to Bloomberg Quint on Monday, 8 February, “which is led by Bitcoin advocate Jack Dorsey and which put $50 million in Bitcoin on a crypto “empowerment bet” in October, gained as much as 9.9% to a fresh record.”
Apple should create crypto exchange and buy Bitcoin, says RBC. According to Bloomberg Quint on Monday, 8 February, “That helped send Bitcoin prices up as much as 16%, cresting $44,000 and hitting a record.”, “Notably, Tesla invested $1.5 billion in Bitcoin and indicated its interest in accepting the cryptocurrency as a form of payment Monday. “
Crypto comes to S&P 500 via Tesla’s $1.5 billion Bitcoin bet. According to Bloomberg Quint on Monday, 8 February, “Founder Elon Musk opened a new chapter in the saga of his electric-vehicle maker with a disclosure Monday that Tesla invested $1.5 billion in Bitcoin and intends to begin accepting the cryptocurrency as a form of payment. “, “While Tesla’s Bitcoin purchase indirectly exposes S&P 500 investors to crypto, at least one knowledgeable observer doubts it would’ve kept the carmaker out of the storied index.”
Miami Mayor who backs Bitcoin wants city to hold crypto assets. According to Bloomberg Quint on Monday, 8 February, “Miami Mayor Francis Suarez said he is working on a resolution to add Bitcoin to the city’s balance sheet.”, “Suarez has been vocal about how the the city should allow certain types of Bitcoin transactions and invest in the cryptocurrency, and this resolution would mark the first concrete step. “