Litecoin Cryptocurrency is currently on bearish momentum by 25.67% in the last 7 days. At 00:05 EST on Sunday, 25 April, Litecoin is at $224.74.
Litecoin Range
About Litecoin’s daily highs and lows, it’s 0.69% up from its trailing 7 days low of $223.21 and 21.35% down from its trailing 7 days high of $285.74.
Social Status
Currently, Litecoin has 167611 Twitter followers and 297425 Reddit subscribers.
As of now, on Github, there are 2508 forks, 3764 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.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Litecoin’s crypto is considered to be overbought (>=80).
News about Bitcoin
Cathie wood’s ARK says Bitcoin mining is good for the planet. According to Bloomberg Quint on Thursday, 22 April, “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. “, “Square Inc., which Wood cited in a Twitter post as collaborating on the research, has been buying Bitcoin and says crypto is a growing part of its business through the use of its Cash App for Bitcoin transactions.”
Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, “This was double the growth in Bitcoin volumes for Bitex, which grew three-times year-on-year in April.”, “Even for us, the USDT volumes grew nearly five-fold to $3 million in April compared to last year, as many of our traders liquidated their Bitcoin holdings and converted them into stablecoins,” said Sathvik Vishwanath, founder and chief executive of Unocoin, one of the oldest crypto exchanges in India.”
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.”
What Elon Musk and jack dorsey are missing about Bitcoin and green energy. According to Bloomberg Quint on Thursday, 22 April, “Iceland’s biggest utility said that no one would build more power capacity just to feed Bitcoin mining.”, “For now, lots of Bitcoin is being produced by the most-polluting source of electricity. “
More news about Litecoin.