Litecoin is currently on bullish momentum. At 21:08 EST on Sunday, 27 December, Litecoin is at $129.63 and up by 3.31% in the last 6 hours.
Litecoin Range
Over the last six hours, Litecoin’s higher value was $130.32 and the lower value was $125.48.
Over the last twelve hours, Litecoin’s higher value was $136.71 and the lower value was $125.48.
In relation to Litecoin’s daily highs and lows, it’s 3.307% up from its trailing 24-hour low of $125.48 and 5.179% down from its trailing 24-hour high of $136.71.
In relation to Litecoin’s yearly highs and lows, it’s 406.961% up from its 52-week low and 3.792% down from its 52-week high.
Volatility
Litecoin’s last day and last week average volatility is a positive 1.95% and a positive 9.05%, respectively. Litecoin’s high and low amplitude percentage in the last week was 14.94%.
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 has a current market cap of about $350 billion, while that of gold’s stands at roughly $10 trillion.”, “However, Bitcoin investors – known for their unquenchable optimism – think this is just the start.”
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. “, “The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled.”
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, “While none of those reasons for buying Bitcoin comport with its origins as an alternative to fiat currencies, they do point to a growing acceptance of crypto as an asset class of its own. “, “Clayton’s exit from the regulator is welcome news for crypto fans who saw him take a hard line over the years, suing to halt initial coin offerings, rejecting applications for Bitcoin exchange-traded funds and launching a last-minute lawsuit against Ripple Labs Inc. Gensler, who served as a Commodity Futures Trading Commission chairman during the Obama administration, is a senior advisor to the MIT Media Lab Digital Currency Initiative and teaches about blockchain technology and digital currencies.”