Litecoin On Bearish Momentum: 11.3% Down In The Last 24 Hours

Litecoin is currently on bearish momentum. At 19:03 EST on Mon 21 Dec, Litecoin is at $104.66 and down by 11.3% in the last 24 hours.

Litecoin Range

Over the last six hours, Litecoin’s higher value was $107.45 and the lower value was $103.56.

Over the last twelve hours, Litecoin’s higher value was $109.49 and the lower value was $103.56.

Concerning Litecoin’s daily highs and lows, it’s 1.062% up from its trailing 24-hour low of $103.56 and 10.639% down from its trailing 24-hour high of $117.12.

Regarding Litecoin’s yearly highs and lows, it’s 0% down from its 52-week low and 0% down from its 52-week high.

News about Bitcoin

The CIO of a new crypto fund that has returned 220% to investors this year explains why Bitcoin topped $20,000 for the first time ever this week – and shares another digital currency set to become…. According to Business Insider on Sat Dec 19, “Bitcoin can only be programmed to do certain things and ethereum can be programmed to do many things,” he said. “, “”The core thesis supporting crypto and Bitcoin is that this is a once-in-a-generation style technological breakthrough that’s penetrating multiple multi-trillion-dollar markets,” he added. “

Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, “Companies that dabble in crypto-related industries have served as a proxy for exposure since the Bitcoin bubble of 2017. “, “Bitcoin’s awe-inspiring surge to record highs has investors racing for exposure to the rally — even if it means paying an absurdly high markup.”

Elon Musk inquired on twitter about ‘large’ Bitcoin transactions after a crypto booster suggested he convert Tesla’s balance sheet. According to Business Insider on Mon Dec 21, “Before the exchange with Saylor, he tweeted “Bitcoin is my safe word,” but then followed up by saying, “Just kidding, who needs a safe word anyway!?””, “Following the Saylor conversation, Musk tweeted: “Bitcoin is almost as bs as fiat money,” and then suggested to his followers he’s a fan of Dogecoin, a parody cryptocurrency.”