Litecoin is currently on bullish momentum. At 03:06 EST on Monday, 28 December, Litecoin is at $131.36 and up by 1.26% in the last 6 hours.
Litecoin Range
Over the last six hours, Litecoin’s higher value was $131.36 and the lower value was $127.71.
Over the last twelve hours, Litecoin’s higher value was $131.36 and the lower value was $125.48.
About Litecoin’s daily highs and lows, it’s 4.686% up from its trailing 24-hour low of $125.48 and 3.913% down from its trailing 24-hour high of $136.71.
Concerning Litecoin’s yearly highs and lows, it’s 413.727% up from its 52-week low and 5.032% down from its 52-week high.
Volatility
Litecoin’s last day and last week average volatility is a negative 1.52% and a positive 7.70%, respectively. Litecoin’s high and low amplitude percentage in the last week was 14.35%.
News about Bitcoin
Bitcoin surges to fresh record high and looks set to break the $25,000 level: ‘merry bitmas’. According to Business Insider on Fri Dec 25, “Bitcoin is soaring once again, hitting a new record price of $24,661 on Friday, with investors declaring “Happy Bitmas,” on social media.”, “Bitcoin has a current market cap of about $350 billion, while that of gold’s stands at roughly $10 trillion.”
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “”There is a very important strategic shift away from mining in China to mining in western countries like Sweden as Bitcoin investors become more public and want more stability and critical safety,” said Salter at Genesis. “, “”We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway,” said Tyler Page, a business developer at Bitfury. “
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, “”What’s happening now — and it’s happening faster than anyone could ever imagine — is that Bitcoin is moving from a fringe esoteric asset to the mainstream,” said Matt Hougan, chief investment officer of Bitwise Asset Management. “, “Janet Yellen, who’s been nominated to serve as Treasury secretary in Biden’s administration, has in recent years cautioned investors over Bitcoin, saying it was a “highly speculative asset” and “not a stable store of value.” A representative didn’t immediately return a request seeking comment.”
Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, “Bitcoin climbed as much as 3.6% on Monday and was trading at about $27,150 as of 1 p.m. in Tokyo. “, “Bitcoin is on track for its longest monthly winning streak in more than a year after touching a record above $28,000 over the weekend.”