Litecoin On Bullish Momentum: 8.99% Up In The Last 12 Hours

Litecoin is currently on bullish momentum. At 06:03 EST on Fri 18 Dec, Litecoin is at $110.18 and up by 8.99% in the last 12 hours.

Litecoin Range

Over the last six hours, Litecoin’s higher value was $111.56 and the lower value was $107.76.

Over the last twelve hours, Litecoin’s higher value was $111.56 and the lower value was $101.09.

Regarding Litecoin’s daily highs and lows, it’s 9.829% up from its trailing 24-hour low of $100.32 and 1.237% down from its trailing 24-hour high of $111.56.

Regarding Litecoin’s yearly highs and lows, it’s 330.896% up from its 52-week low and 1.748% down from its 52-week high.

News about Bitcoin

Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, “Bitcoin’s dizzying rally in 2020 has captivated the professional investing class.”, “The largest have come from the region, with exchanges in North America getting net inflows of Bitcoin from other areas worldwide. “

Bitcoin surpasses $20,000 for first time amid dizzying rally. According to Bloomberg Quint on Wed Dec 16, “This “is the start of a new chapter for Bitcoin. “, “Bitcoin has surged despite a severe crash in March that saw it lose 25% amid the coronavirus pandemic. “

Canada’s CI financial completes $72 million IPO of Bitcoin fund. According to Bloomberg Quint on Wed Dec 16, “Bitcoin has gained popularity as a hedge against U.S. dollar weakness and as investors seek to bolster returns amid rock-bottom interest rates. “, “Read more: Fund Managers See Bitcoin Trade Crowded as Institutions Jump In”

Bitcoin whale surfaces with $1 billion and alan howard’s backing. According to Bloomberg Quint on Wed Dec 16, “While gold also stands to appreciate in a world of debased currencies and inflationary fears, Peters thinks Bitcoin and Ether prices can far outpace that rise.”, “Assets in the Grayscale Bitcoin Trust, the largest player, have swelled to more than $10 billion.”

Bitcoin tops $20,000 for first time. According to The Wall Street Journal on Wed Dec 16, “Bitcoin surged above $20,000 on Wednesday for the first time in its 11-year history, part of a furious rally that has seen the digital currency double since September.”

Bitcoin price surges to fresh record above $20,000. According to MarketWatch on Wed Dec 16, “Bitcoin prices were trading at $20,339 according to CoinDesk data, up nearly 5% on the session, with gains for the digital asset supported by a flood of institutional investor attention on cryptos like bitcoin and other virtual currencies.”

All aboard the billionaires’ Bitcoin bandwagon?. According to Bloomberg Quint on Wed Dec 16, “Even as payments companies like PayPal Holdings Inc. or Square Inc. strive to bring Bitcoin trading to the masses, very few merchants directly touch the stuff. “, “While Bitcoin is great as a billionaire’s speculative plaything, it’s hardly auseful digital currency or safe haven investment for the average punter. “

Crypto observers debate what’s next after Bitcoin hits record. According to Bloomberg Quint on Wed Dec 16, “What this means for Bitcoin is that it could easily surpass gold, even with gold appreciating as money printing continues. “, “Coppola: There’s a small minority of holders who believe Bitcoin will eventually replace the dollar. “

Guggenheim’s scott minerd says Bitcoin should be worth $400,000. According to Bloomberg Quint on Wed Dec 16, “As Bitcoin surges to record highs, Scott Minerd of Guggenheim Investments believes the world’s largest cryptocurrency’s fair value still has a ways to go.”, “Last month, the firm filed to reserve the right to invest as much as 10% of its $5.3 billion Macro Opportunities Fund in the Grayscale Bitcoin Trust, which invests solely in Bitcoin.”

Bitcoin extends record-setting rally, surpassing $21,800. According to Bloomberg Quint on Thu Dec 17, “Bitcoin extended a record-breaking rally, taking the world’s largest cryptocurrency past $21,800 for the first time.”, “Bitcoin has more than tripled this year, a surge that’s polarized opinion. “

Bitcoin tops $22,000 and strategists say rally has further to go. According to Bloomberg Quint on Thu Dec 17, “Others see speculative fervor that will inevitably lead to a bust akin to the meltdown three years ago after a furious Bitcoin rally.”, “Bitcoin and the wider Bloomberg Galaxy Crypto Index have both more than tripled this year. “

Bitcoin hits new all-time high above $23,000, extending its wild 2020 rally. According to CNBC on Thu Dec 17, “Bitcoin’s 2020 performance has reminded many market watchers of its frenzied rally to nearly $20,000 in 2017, which was followed by a sharp pullback the following year. “, “Bitcoin only just smashed the $20,000 mark on Wednesday.”

Quants ride into crypto wild west in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, “Bitcoin has rallied 215% this year, while cryptocurrency hedge funds are up 136% through November, according to a Eurekahedge index.”, “”We saw the impact of massive printing of cash by governments around the world and so we made the decision that mostly likely Bitcoin will benefit,” he said from Miami.”

Bitcoin is up 200% this year. investment pros say the price could reach $400,000. According to MarketWatch on Thu Dec 17,

Bitcoin exchange coinbase files for initial public offering. According to The Wall Street Journal on Thu Dec 17,

Popular crypto exchange coinbase files confidentially to take itself public as Bitcoin price soars to record above $23,000. According to MarketWatch on Thu Dec 17,

Largest U.S. cryptocurrency exchange coinbase files for IPO as Bitcoin soars past $23,000. According to CNBC on Thu Dec 17, “Bitcoin has garnered much attention from investors lately, and Paul Tudor Jones and Stanley Druckenmiller are among those who have come out in favor of the cryptocurrency. “