Litecoin (LTC-USD) Cryptocurrency is currently on bearish momentum by 15.32% in the last 6 hours. At 09:08 EST on Tuesday, 22 June, Litecoin (LTC-USD) is at $111.50.
Volume
Today’s last reported volume for Litecoin is 3649421456 which is 45.23% below its average volume of 6663669351.61.
All TIme High and Low
Litecoin’s current value is at $111.5 which is 72.97% below its all time high of $410.26 at Monday, 10 May.
Litecoin’s current value is at $111.5 which is 9554.36% above its all time low of $410.26 at Wednesday, 14 January.
Market Cap and Supply
Litecoin’s current market cap is at 7403788142
Social Status
Currently, Litecoin (LTC-USD) has 187021 Twitter followers and 337242 Reddit subscribers.
As of now, on Github, there are 2702 forks, 3893 stars, and 538 subscribers.
Volatility
Litecoin’s last week, last month’s, and last quarter’s current volatility was a negative 0.98%, a negative 0.46%, and a positive 5.25%, 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 3.05% (last week), 6.33% (last month), and 5.25% (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).
Other News About Litecoin (LTC-USD)
According to FX Empire on Monday, 21 June, “Binance Coin (+1.53%), Litecoin (+1.50%), Polkadot (+1.75%), and Ripple’s XRP (+2.07%) trailed the front runners, however.”, “Ripple’s XRP slid by 12.32% to lead the way down, with Ethereum and Litecoin falling by 10.65% and by 9.44% respectively.”
News about Bitcoin
Bitcoin falls to two-week low as China cracks down on crypto. According to Bloomberg Quint on Monday, 21 June, “A Ya’an government official told at least one Bitcoin miner that the city has promised to root out all Bitcoin and Ether mining operations with a year, said a person with knowledge of the situation.”, “If, as I expect, the global buy-everything unwind continues this week, Bitcoin will feel those chill winds,” said Jeffrey Halley, senior market analyst at Oanda Asia Pacific Pte.”
Bitcoin drops as China intensifies crypto mining crackdown. According to CNBC on Monday, 21 June, “And some industry efforts have been launched – including the Bitcoin Mining Council and the Crypto Climate Accord – in an effort to reduce cryptocurrencies’ carbon footprint.”
Bitcoin pressured by post-fed dip in sentiment, China crackdown. According to Bloomberg Quint on Monday, 21 June, “If, as I expect, the global buy-everything unwind continues this week, Bitcoin will feel those chill winds as well,” said Jeffrey Halley, senior market analyst at Oanda Asia Pacific Pte.”, “A government official in China’s Ya’an told at least one Bitcoin miner that the city has promised to root out all Bitcoin and Ether mining operations within a year, said a person with knowledge of the situation.”
Bitcoin drops as hashrate declines with China mining crackdown. According to Bloomberg Quint on Sunday, 20 June, “The hashrate in China is dropping significantly as Bitcoin mines are being closed, Jonathan Cheesman, head of over-the-counter and institutional sales at crypto-derivatives exchange FTX wrote in an email Saturday, citing reports on Twitter from handle @bigmagicdao.”, “According to a report in the Communist Party-backed Global Times, the closure of many Bitcoin mines in the province has resulted in more than 90% of China’s Bitcoin mining capacity being shuttered.”
Bitcoin forms ‘death cross’ as selloff shows no sign of reprieve. According to Bloomberg Quint on Monday, 21 June, “After a slew of news related to renewed crackdowns from China triggered a Bitcoin selloff, chartists and analysts are turning to a sinister-sounding technical signal.”, “No one is sure the extent of the crackdown and China is an important player in the Bitcoin market.”
More news about Litecoin (LTC-USD).
