Litecoin is currently on bullish momentum. At 17:03 EST on Friday, 12 March, Litecoin is at $223.16 and up by 10.78% in the last 24 hours.
Litecoin Range
Over the last six hours, Litecoin’s higher value was $223.16 and the lower value was $210.86.
Over the last twelve hours, Litecoin’s higher value was $223.16 and the lower value was $204.64.
About Litecoin’s daily lows, it’s 10.777% up from its trailing 24-hour low of $201.45
Regarding Litecoin’s yearly highs and lows, it’s 772.741% up from its 52-week low and 9.27% down from its 52-week high.
Volatility
Litecoin’s last day, last week, and last month’s average volatility was 0.36%, 2.04%, and 4.39%, respectively.
Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 6.07%, 6.90%, and 11.13%, respectively.
Last news about Litecoin
According to FX Empire on Friday, 12 March, “Bitcoin Cash SV (+0.04%), Chainlink (+0.81%), Ethereum (+1.75%), and Litecoin (+0.57%) saw relatively modest gains on the day.”, “Binance Coin (-1.04%), Cardano’s ADA (-0.18%), Litecoin (-0.02%), and Ripple’s XRP (-0.59%) also joined Bitcoin in the red.”
News about Bitcoin
Bitcoin hits highest level in two weeks as big-money bets flow. According to Bloomberg Quint on Tuesday, 9 March, “While Bitcoin and Ether are still well off their record highs of $58,350 and $1,975 respectively, they’ve climbed back from a drop in late February. “, “NYDIG also said that life, annuity and property/casualty insurers now own more than $1 billion of direct and indirect Bitcoin exposure held on its institutional custody platform.”
Bitcoin breaks through $55,000 as risk appetite revives. According to Bloomberg Quint on Wednesday, 10 March, “Growing talk of institutional interest in Bitcoin and the possibility that U.S. stimulus checks will bolster flows into financial markets are combining to lift cryptocurrencies. “, “In China, a lot of high net worth individuals have been inquiring on how to add Bitcoin to their portfolio.”
‘slam dunk’ Bitcoin arbitrage fizzles for biggest crypto fund. According to Bloomberg Quint on Wednesday, 10 March, “And for those investors looking for Bitcoin exposure outside of signing up for a crypto exchange or setting up a digital wallet, GBTC — which can be bought and sold on brokerage platforms — provides an easy solution. “, “However, as Bitcoin’s rally turns choppy and a stable of competing products attract attention, GBTC sank to a record discount relative to the value of the Bitcoin it holds. “
Firm behind biggest Bitcoin trust is hiring entire ETF team. According to Bloomberg Quint on Thursday, 11 March, “The race to launch the first Bitcoin ETF is heating up,” said Todd Rosenbluth, director of ETF research for CFRA Research. “, “Though Grayscale has filed to create an ETF in the past, the firm doesn’t currently have an active filing with the SEC for a Bitcoin or crypto-related ETF. “
Bitcoin approaches record high as risk-on rally accelerates. According to Bloomberg Quint on Thursday, 11 March, “Industry participants, however, argue that the rise of institutional adoption will prevent that fate, especially Tesla Inc.’s $1.5 billion investment in Bitcoin and CEO Elon Musk’s endorsements of the digital asset on social media. “, “Billionaire investor Mike Novogratz, who runs Galaxy Digital Holdings Ltd., has said that Bitcoin could reach $100,000 by the end of the year.”
Bitcoin intraday trading pattern emerges as institutions pile in. According to Bloomberg Quint on Friday, 12 March, “Microstrategy Inc., of course, is the company led by Michael Saylor that’s converting its cash into Bitcoin and now holds more than $4 billion of it. “, “China accounts for about 65% of global Bitcoin mining computing power, according to the Bitcoin Electricity Consumption Index compiled by Cambridge University. “
Bitcoin hoard fuels one of the world’s biggest crypto fortunes. According to Bloomberg Quint on Friday, 12 March, “That is the environment that led us to decide we should consider Bitcoin as a treasury reserve asset.”, “The move has resulted in MicroStrategy becoming a dual-purpose company: part software maker, part Bitcoin investor. “