Litecoin Cryptocurrency Drops By 25% In The Last 7 Days

Litecoin Cryptocurrency is currently on bearish momentum by 25.21% in the last 7 days. At 21:05 EST on Friday, 23 April, Litecoin is at $232.41.

Litecoin Range

About Litecoin’s daily highs and lows, it’s 4.12% up from its trailing 7 days low of $223.21 and 29.72% down from its trailing 7 days high of $330.68.

Social Status

Currently, Litecoin has 167301 Twitter followers and 296793 Reddit subscribers.

As of now, on Github, there are 2506 forks, 3760 stars, and 541 subscribers.

Volatility

Litecoin’s last week, last month’s, and last quarter’s current volatility was 250.04%, 250.04%, and 250.04%, respectively.

Litecoin’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 250.04% (last week), 250.04% (last month), and 250.04% (last quarter), respectively.

News about Bitcoin

Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, “The argument is that Bitcoin mining could encourage investment in solar energy systems, enabling renewables to fulfill a higher percentage of demand from the energy grid at a constant cost of electricity, according to a post from ARK research director Brett Winton, who credited Yassine Elmandjra and Sam Korus as co-authors. “, “All else equal, with Bitcoin mining, we believe renewable energy should be able to provision a large percentage of any locality’s power economically,” the post said. “

What Elon Musk and jack dorsey are missing about Bitcoin and green energy. According to Bloomberg Quint on Thursday, 22 April, “On Twitter, Dorsey said Bitcoin “incentivizes renewable energy.” Musk responded with one word: “True.”, “Iceland’s biggest utility said that no one would build more power capacity just to feed Bitcoin mining.”

Bitcoin retreats to weekend’s flash crash lows amid tax anxiety. According to Bloomberg Quint on Thursday, 22 April, “The slide pushed Bitcoin down as much as 5.7% to about $51,837, just above the low of $51,707 reached Sunday. “

Bitcoin drops below $50,000 amid tax and momentum concerns. According to Bloomberg Quint on Thursday, 22 April, “The slide pushed Bitcoin down as much as 5.8% to about $48,596 as it continued to lose momentum. “

First mideast Bitcoin ETF aims to raise more than $200 million. According to Bloomberg Quint on Thursday, 22 April, “Canada’s largest digital-asset investment fund manager 3iQ Corp. is hoping to raise more than $200 million by listing its Bitcoin exchange-traded fund in Dubai, according to its chief executive officer.”, “Right now, we’ve seen Bitcoin consolidate in the $50,000-$60,000 range, we expect that to continue,” he said.”

More news about Litecoin.