Litecoin is currently on bullish momentum. At 12:03 EST on Wednesday, 3 March, Litecoin is at $192.02 and up by 10.26% in the last 24 hours.
Litecoin Range
Over the last six hours, Litecoin’s higher value was $196.26 and the lower value was $188.91.
Over the last twelve hours, Litecoin’s higher value was $196.26 and the lower value was $188.91.
In relation to Litecoin’s daily highs and lows, it’s 11.594% up from its trailing 24-hour low of $172.07 and 2.16% down from its trailing 24-hour high of $196.26.
In relation to Litecoin’s yearly highs and lows, it’s 650.958% up from its 52-week low and 21.93% down from its 52-week high.
Volatility
Litecoin’s last day, last week, and last month’s average volatility was 1.50%, 3.14%, and 5.45%, respectively.
Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 7.90%, 10.49%, and 11.80%, respectively.
Last news about Litecoin
According to FX Empire on Monday, 1 March, “Binance Coin (-28.66%), Bitcoin Cash SV (-29.10%), Chainlink (-27.56%), Ethereum (-26.54%), Litecoin (-27.18%), and Ripple’s XRP (-23.57%) led the way down.”, “Binance Coin (-6.49%), Chainlink (-5.56%), Ethereum (-2.63%), Litecoin (-3.63%), and Ripple’s XRP (-4.45%) also struggled, however.”
News about Bitcoin
Bitcoin whales are a mixed blessing. According to Bloomberg Quint on Sunday, 28 February, “This control became apparent in 2017, when the founder of Grayscale Bitcoin Trust organized a group of Bitcoin corporate execsto propose a controversial change to the core protocol.”, “In a recent interview, MicroStrategy CEO Michael Saylor compares Bitcoin self-custody to handling an explosive device: “It’s like finding three of your employees and giving each one some nitroglycerin. “
Bitcoin rises after China region declares war on crypto mining. According to Bloomberg Quint on Monday, 1 March, “The region accounted for 8% of global Bitcoin mining computing power, according to the Bitcoin Electricity Consumption Index compiled by Cambridge University. “
Bitcoin is at a tipping point and could become ‘currency of choice’ for global trade, citi says. According to CNBC on Monday, 1 March, “There are a host of risks and obstacles that stand in the way of Bitcoin progress,” the U.S. investment bank’s global perspectives and solutions team wrote in a note Monday.”, “For institutional investors, these include concerns over capital efficiency, insurance and custody, security, and ESG considerations from Bitcoin mining,” the bank added. “
Bitcoin rises as citi makes the case for a role in global trade. According to Bloomberg Quint on Monday, 1 March, “Citigroup’s full-throated backing of Bitcoin shows that crypto is continuing to win over the world’s biggest financial institutions. “, “There are a host of risks and obstacles that stand in the way of Bitcoin progress,” wrote strategists including Kathleen Boyle, the managing editor of Citi GPS. “
Bitcoin rises as Citigroup, goldman find allure hard to resist. According to Bloomberg Quint on Monday, 1 March, “In a report by Citigroup’s Global Perspectives & Solutions, strategists laid out a case for Bitcoin to play a bigger role in the global financial system, saying the cryptocurrency could become “the currency of choice for international trade” in the years ahead. “, “But weighing these potential hurdles against the opportunities leads to the conclusion that Bitcoin is at a tipping point and we could be at the start of massive transformation of cryptocurrency into the mainstream.”
Microstrategy raises Bitcoin holdings to more than $4 billion. According to Bloomberg Quint on Monday, 1 March, “MicroStrategy Inc.’s Michael Saylor purchased more Bitcoin to raise the enterprise-software company’s holdings to more than $4 billion.”, “Saylor has been one of a handful of chief executives to put Bitcoin on their balance sheets, saying the relaxation of the Federal Reserve’s inflation policy helped to sour him on cash. “
Cboe says it’s seeking approval to list Bitcoin ETF in U.S.. According to Bloomberg Quint on Tuesday, 2 March, “Last month Canadian securities regulators cleared the launch of the Purpose Bitcoin ETF, making it the first to gain regulatory approval in North America. “, “Cboe in a Monday filing with the U.S. Securities and Exchange Commission sought the green light for the VanEck Bitcoin Trust. “
Bitcoin tips scales in favor of a U.S. ETF. According to Bloomberg Quint on Tuesday, 2 March, “The cryptocurrency’s surging popularity all but guarantees that Bitcoin ETFs will be overrun with investors.”, “Regulators can’t relish the idea of handing investors an ETF just as Bitcoin may be poised for another wipeout, particularly in light of their hand-wringing over the continuing GameStop saga.”
Bitcoin rebounds after being ruffled by SEC confirmation hearing. According to Bloomberg Quint on Wednesday, 3 March, “While the Bitcoin market reacted quickly to his comments, Gensler was largely positive about Bitcoin and cryptocurrencies,” said John Wu, president of blockchain technology firm Ava Labs. “