Litecoin is currently on bullish momentum. At 16:04 EST on Wednesday, 13 January, Litecoin is at $143.83 and up by 4.35% in the last 6 hours.
Litecoin Range
Over the last six hours, Litecoin’s higher value was $143.83 and the lower value was $137.83.
Over the last twelve hours, Litecoin’s higher value was $143.83 and the lower value was $136.54.
Regarding Litecoin’s daily lows, it’s 13.377% up from its trailing 24-hour low of $126.86
About Litecoin’s yearly highs and lows, it’s 462.495% up from its 52-week low and 22.58% down from its 52-week high.
Volatility
Litecoin’s last day, last week, and last month’s average volatility was a negative 4.98%, a negative 3.09%, and a positive 1.61%, respectively.
Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 13.80%, 17.89%, and 13.90%, respectively.
Last news about Litecoin
According to FX Empire on Monday, 11 January, “Binance Coin (-3.54%), Crypto.com Coin (-1.34%), Ethereum (-2.04%), Litecoin (-4.32%), and Ripple’s XRP (-3.16%) also struggled, however.”, “Chainlink (+18.11%) and Ethereum (+28.02%) also saw solid gains, while Litecoin rose by just 5.43%.”
News about Bitcoin
Darknet drug dealers have been accused of hiding a Bitcoin stash that’s now worth $16 million. they bought an old fishing boat and a squid permit to conceal their crime, say US attorneys.. According to Business Insider on Sunday, 10 January, “According to the US attorneys: “The defendant Bitcoin was derived from the sales of illegal drugs, including fentanyl patches and opioids dispensed without prescription, on the Darknet between 2016 and 2019.”, “Back when the Darknet Bitcoin was seized by federal agents, in January 2019, Bitcoin’s price was hovering at about $3,400. “
Two-day Bitcoin plunge shakes faith in cryptocurrency boom. According to Bloomberg Quint on Monday, 11 January, “True believers in Bitcoin argue the difference this time is the asset has matured with the entry of institutional investors and is increasingly seen as a legitimate hedge against dollar weakness and inflation risk. “, “Others worry that the rally is untethered from reason and fueled by vast swathes of fiscal and monetary stimulus, with Bitcoin unlikely to ever serve as a viable currency alternative.”
JPMorgan strategists say U.S. ETF could sap Bitcoin price. According to Bloomberg Quint on Monday, 11 January, “Some commentators view approval of a Bitcoin ETF in the U.S. as more likely with changing leadership at the Securities and Exchange Commission. “, “A cascade of GBTC outflows and a collapse of its premium would likely have negative near-term implications for Bitcoin given the flow and signaling importance of GBTC,” they said Friday.”
Bitcoin falls to a one-week low, as a stronger dollar and investor nerves strip off nearly $140 billion in total cryptocurrency market cap. According to Business Insider on Monday, 11 January, “The stronger dollar and higher bond yields has also sparked a plunge in Bitcoin and in gold prices this morning,” strategists at Rabobank said in a note.”, “Some of the anarchy froth supporting Bitcoin after anti-government types stormed Capitol Hill is receding a touch. “
Cryptocurrency investors could ‘lose all their money’, UK regulator warns as Bitcoin price drops from all-time high. According to Business Insider on Monday, 11 January, “The FCA also stressed that cryptocurrencies such as Bitcoin are largely unregulated. “, “They worry that amateur investors could be sucked in, only for currencies like Bitcoin to collapse in value, as they did in 2018.”
Bitcoin and Tesla have gotten the fed’s attention. According to Bloomberg Quint on Monday, 11 January, “The S&P 500 Index wobbled on Monday as yields climbed past 1.13% but remained relativelyresilient considering the sharp drop in Bitcoin and Tesla. “, “But on the way to reaching those goals, there’sa level of rampant speculation in asset prices that even the Fed will seek to stymie, whether in Bitcoin or Tesla, the ARK Innovation exchange-traded fundor special-purpose acquisition companies. “
On technical charts, Bitcoin really is an asset like no other. According to Bloomberg Quint on Monday, 11 January, “Chris Zaccarelli, chief investment officer at Independent Advisor Alliance, says there are good reasons for believing in Bitcoin but, to him, it’s a question of whether or not it constitutes a good place to allocate capital. “, “It “blows the doors off prior bubbles,” the strategists wrote in a Friday note, asking whether Bitcoin is “the Mother-of-all-bubbles.”
Bitcoin snaps slide while leaving everyone in dark on true worth. According to Bloomberg Quint on Tuesday, 12 January, “We think a pull back is healthy,” said David Grider, lead digital strategist with Fundstrat Global Advisors LLC, who added he doesn’t think the recent price action indicates that Bitcoin has already topped out.”, “As long as the world is flooded with money and safe assets offer poor compensation, Bitcoin will be relevant,” Howard Wang, co-founder of Convoy Investments LLC, wrote in a Jan. 10 note. “
Bitcoin rebounds while leaving everyone in dark on true worth. According to Bloomberg Quint on Tuesday, 12 January, “We think a pull back is healthy,” said David Grider, lead digital strategist with Fundstrat Global Advisors LLC, who added he doesn’t think the recent price action indicates that Bitcoin has already topped out.”, “Pinpointing who is mainly responsible for the rally is one of the many crypto mysteries — Bitcoin funds, momentum chasers, billionaires, day traders, companies and even institutional investors have all been cited.”
Bitcoin miner that’s risen 1,400% says more regulation is needed. According to Bloomberg Quint on Tuesday, 12 January, “They will be only authorized by the government whereas something like Bitcoin is by its very nature decentralized. “, “Peter Wall, whose Argo Blockchain Plc is up 1,400% in the past year, said he sees Bitcoin “moving in one direction” as interest in the sector increases and institutional investors come on board. “
Bitcoin historian elias ahonen publishes 2nd book, a 500-page ‘history of cryptocurrency’. According to Business Insider on Tuesday, 12 January, “The cover artwork Bitcoin Angel is by acclaimed crypto artist Trevor Jones and symbolizes how many Bitcoin enthusiasts see the digital currency as a sort of saviour. “, “This led Ahonen to become a broker of million-dollar Bitcoin art and to launch a cryptocurrency consulting firm which placed him in the center of the hype. “
People have lost roughly $140 billion in Bitcoin because they forgot their passwords or got locked out of accounts, and would-be millionaires are struggling to access their wallets. According to Business Insider on Tuesday, 12 January, “These attempts include using a marketplace called All Private Keys where people can purchase, download, and try to hack into Bitcoin wallets that needs cracking, according to Vice.”, “Bitcoin owners have accidentally lost their passwords or thrown out the hard drives storing their Bitcoin ever since it was introduced in 2009.”
Bitcoin extends tumble in further blow to volatile crypto boom. According to Bloomberg Quint on Wednesday, 13 January, “They also test recent narratives, such as the argument that Bitcoin is maturing into a hedge against dollar weakness and inflation risk, and attracting longer term investors.”, “Taking some profits off the table after an asset — any asset, not only Bitcoin — doubles in value within three weeks is completely understandable,” said Julius de Kempenaer, senior technical analyst at StockCharts.”
New tech ipos to Bitcoin are on ajay srivastava’s 2021 investing list. According to Bloomberg Quint on Wednesday, 13 January, “Among a host of cryptocurrencies, he advised sticking with Bitcoin because of its wide supervision. “
Bitcoin will break wall street’s heart. According to The Wall Street Journal on Wednesday, 13 January, “Grayscale’s flagship Bitcoin Trust had assets under management of $1.9 billion at the start of 2020, $4.7 billion by the end of September and $21.1 billion as of Tuesday.”
Bitcoin, blackouts and smog are exacerbating iran’s virus woes. According to Bloomberg Quint on Wednesday, 13 January, “The outages have been compounded by the mining of Bitcoin and other cryptocurrencies, which uses banks of high-powered computers to verify the legitimacy of transactions and create units of digital coin, government officials have said.”, “A spokesman for the country’s electricity industry apologized for the shutdowns on state TV and said power supplies to Bitcoin miners and industry have been strictly limited to meet domestic needs.”
Bitcoin is unlike any other bubble we’ve seen so far. According to Bloomberg Quint on Wednesday, 13 January, “Every time a Bitcoin bubble bursts, another grows back to replace it,” Man Group’s analysts wrote in a note dated Jan. 12. “, “Man Group, the world’s biggest publicly traded hedge fund firm, compares Bitcoin to Prometheus in Greek mythology, whose liver keeps growing back, every time a giant eagle pecked it out.”
Bitcoin (btc) builds for the next big break, btc/usd levels. According to DailyFX on Wednesday, 13 January, “But – rarely do bullish trends translate in a linear fashion, and shortly after this week’s open Bitcoin began to pullback and, at one point, had retraced the bulk of last week’s breakout before finding some buyer support.”, “Making matters all the more interesting, even as risk factors continued to flare, Gold prices dropped precipitously while Bitcoin put in a major bullish breakout, eventually tagging the $42,000 level last Friday.”
