Litecoin is currently on bearish momentum. At 07:06 EST on Wednesday, 20 January, Litecoin is at $142.42 and down by 5.39% in the last 6 hours.
Litecoin Range
Over the last six hours, Litecoin’s higher value was $151.62 and the lower value was $142.42.
Over the last twelve hours, Litecoin’s higher value was $155.76 and the lower value was $142.42.
About Litecoin’s daily highs, it’s 12.254% down from its trailing 24-hour high of $162.31
In relation to Litecoin’s yearly highs and lows, it’s 456.981% up from its 52-week low and 23.339% down from its 52-week high.
Volatility
Litecoin’s last day, last week, and last month’s average volatility was 0.89%, 2.19%, and 0.94%, respectively.
Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 10.25%, 11.40%, and 13.65%, respectively.
News about Bitcoin
Bitcoin retreats from $40,000 level strategists view as key. According to Bloomberg Quint on Monday, 18 January, “The pattern of demand for Bitcoin futures and the $22.9 billion Grayscale Bitcoin Trust will help determine the outlook, they added.”, “The flow into the Grayscale Bitcoin Trust would likely need to sustain its $100 million per day pace over the coming days and weeks for such a breakout to occur,” the strategists wrote in a note on Friday.”
A record $3.7 billion in Bitcoin options are set to expire on January 29 as interest in cryptocurrencies surges. According to Business Insider on Monday, 18 January, “But interest has risen sharply over the last few months as the Bitcoin price has surged towards an all-time high near $42,000 earlier this month. “, “Deribit – the exchange that currently facilitates the most Bitcoin options trading – began offering the products in 2018. “
Coinshares is starting an exchange-traded Bitcoin product. According to Bloomberg Quint on Monday, 18 January, “It launched a regulated Bitcoin investment vehicle in 2015, when the coin traded around $400.”, “The CoinShares Physical Bitcoin product will go live on Jan. 19 and be listed under the ticker BITC on the SIX Swiss Exchange. “
JPMorgan sees Bitcoin crossing $40k again in coming weeks, if this key condition is met. According to Business Insider on Tuesday, 19 January, “JPMorgan analysts see Bitcoin (BTC) continuing on its rally above the $40,000 mark, if the Grayscale Bitcoin Trust (OTC:GBTC) continues to sustain inflow above the $100 million mark every day in the coming weeks.”, “What Happened: If the institutional investors fail to take Bitcoin past the breakout mark, the subdued cryptocurrency rally could face a further setback, JPMorgan analysts are suggesting, as reported by Bloomberg.”
Bitcoin profit review : comprehensive sign up guide for Bitcoin profit app. According to Business Insider on Tuesday, 19 January, “To deposit this, Bitcoin Profit offers multiple payment options like MasterCard, Visa, PayPal, Web Money, and even Wired Transfers. “, “Bitcoin Profit Update: Bitcoin Profit is one of the many cryptocurrency trading robot that many investors claim has helped them make significant returns from the booming crypto markets. “
Bofa clients with $561 billion say Bitcoin is most crowded trade. According to Bloomberg Quint on Tuesday, 19 January, “For the first time since 2017, Bank of America Corp. clients with $561 billion combined say Bitcoin is the world’s most crowded trade as speculative euphoria hits Wall Street.”
A $3 billion digital-asset investing trailblazer just launched an exchange-traded Bitcoin product in the midst of the cryptocurrency’s wild rally. According to Business Insider on Tuesday, 19 January, “CoinShares, one of the earliest digital asset investing firms, said on Tuesday it had launched an exchange-traded Bitcoin product.”, “The CoinShares Physical Bitcoin Product is set to be listed on Switzerland’s main stock exchange under the ticker symbol BITC. “
Bitcoin and U.S. tech stocks are the biggest market bubbles right now, investors say. According to CNBC on Tuesday, 19 January, “When asked specifically about the 12 month fate of Bitcoin and Tesla – a stock emblematic of a potential tech bubble – a majority of readers think that they are more likely to halve than double from these levels with Tesla more vulnerable according to readers,” Deutsche Bank said.”
Far right groups get Bitcoin windfall weeks before capitol riot. According to Bloomberg Quint on Tuesday, 19 January, “The entities’ normally anonymous encrypted Bitcoin addresses were public, making it relatively easy to trace the payments over the online ledger known as a blockchain that includes all the peer-to-peer transactions, Chainalysis said.”, “Last week, European Central Bank President Christine Lagarde said Bitcoin had been enabling “funny business.”