Litecoin On Bearish Momentum: 11% Down In The Last 24 Hours

Litecoin is currently on bearish momentum. At 03:03 EST on Monday, 15 February, Litecoin is at $202.26 and down by 11% in the last 24 hours.

Litecoin Range

Over the last six hours, Litecoin’s higher value was $202.26 and the lower value was $195.91.

Over the last twelve hours, Litecoin’s higher value was $218.54 and the lower value was $195.91.

About Litecoin’s daily highs and lows, it’s 3.241% up from its trailing 24-hour low of $195.91 and 10.087% down from its trailing 24-hour high of $224.95.

Concerning Litecoin’s yearly highs and lows, it’s 691.005% up from its 52-week low and 5.961% down from its 52-week high.

Volatility

Litecoin’s last day, last week, and last month’s average volatility was 5.50%, 6.85%, and 4.93%, respectively.

Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 9.10%, 12.33%, and 10.10%, respectively.

Last news about Litecoin

According to FX Empire on Sunday, 14 February, “Bitcoin Cash SV and Litecoin jumped by 12.77% and by 14.92% respectively to lead the way, with Chainlink rallying by 11.50%.”, “Binance Coin (-0.71%), Cardano’s ADA (-0.20%), Chainlink (-0.03%), Ethereum (-0.42%), and Litecoin (-1.01%) joined Bitcoin in the red early on.”

According to Business Insider on Sunday, 14 February, “And PayPal, which added Bitcoin, Ethereum, and Litecoin to its app last October, is seeing a big boost in engagement from crypto holders.”

According to FX Empire on Monday, 15 February, “Bitcoin Cash SV (+43.58%), Cardano’s ADA (+27.43%), Chainlink (+34.02%), Crypto.com Coin (+40.20%), Litecoin (+41.05%), Ripple’s XRP (+41.34%) also found strong support.”

News about Bitcoin

According to Business Insider on Friday, 12 February, “Hot off the heels of Tesla’s $1.5bn investment in Bitcoin these developments, these developments are giving more juice for the rally,” said Neil Wilson, chief market analyst at trading platform Markets.com.”

According to Business Insider on Friday, 12 February, “For Bitcoin Depot CEO Brandon Mintz, Elon Musk has just tipped the first domino that will send bitcoin exploding upward this year and beyond.”, “I think there’s going to be a domino effect as time goes on, article after article announcing household names putting bitcoin on their balance sheet,” the head of Bitcoin Depot, which operates bitcoin ATMs around the world, told Insider on Wednesday.”

North america’s first Bitcoin ETF gets green light in Canada. According to Bloomberg Quint on Friday, 12 February, “Current Bitcoin trusts in the U.S. often trade at massive premiums, yet investors pile in regardless, since buying investment trusts can be easier than purchasing the coins themselves. “, “Purpose Investments Inc. said Canadian securities regulators have cleared the launch of the Purpose Bitcoin ETF, making it the first to gain regulatory approval in North America.”

Crypto advocate andrew yang plans to transform New York city into a Bitcoin hub if he’s elected Mayor. According to Business Insider on Friday, 12 February, “Andrew Yang said on Twitter that he would make New York City a hub for Bitcoin if he’s elected mayor.”, “His tweet on Thursday caught the ire of some Twitter users, with one blasting Bitcoin as a “pyramid scheme” and another saying a “stable society requires stable currency.”

According to Business Insider on Friday, 12 February, “The Grayscale Bitcoin Trust that follows bitcoin has gained 272% in the last twelve months. “, “The Purpose Bitcoin ETF will seek to replicate the performance of the price of bitcoin, minus the ETF’s fees and expenses, according to a fact sheet posted by Canada-based asset manager Purpose Investments. “

‘black swan’ author calls Bitcoin a failure, at least for now. According to Bloomberg Quint on Friday, 12 February, “Taleb also said in a separate tweet Bitcoin has failed as a hedge against central bank policies.”

According to Business Insider on Saturday, 13 February, “She added: “We want to make sure that we have a place for people who understand the benefits of Bitcoin to locate their business.”

Morgan stanley May bet on Bitcoin in $150 billion investment arm. According to Bloomberg Quint on Saturday, 13 February, “Even institutional investors, barred by the rules of their funds from holding Bitcoin directly, have turned to such trusts. “, “A $150 billion Morgan Stanley investing arm known for its prowess in picking growth stocks is considering adding Bitcoin to its list of possible bets.”

Latest Bitcoin breakout highlights an overlooked opportunity. According to Business Insider on Saturday, 13 February, “The post Latest Bitcoin Breakout Highlights an Overlooked Opportunity appeared first on InvestorPlace.”

Bitcoin nears $50,000 as it reaches record in weekend action. According to Bloomberg Quint on Sunday, 14 February, “Bloomberg reported earlier that Morgan Stanley may bet on Bitcoin in its $150 billion investment arm, following news late last week that BNY Mellon plans to service cryptocurrencies for its clients. “

Bitcoin nears $50,000 as it hits a record in weekend action. According to Bloomberg Quint on Sunday, 14 February, “Bloomberg reported on Saturday that Morgan Stanley may bet on Bitcoin in its $150 billion investment arm, following news late last week that BNY Mellon plans to service cryptocurrencies for its clients.”

Bitcoin is nearing the $50,000 milestone after last week’s Tesla-fueled surged. According to Business Insider on Sunday, 14 February, “Last week, Bitcoin surged from around $37,000 to $47,000 as high-profile investors entered the fray. “, “Tesla bought $1.5 billion in Bitcoin in January, prompting at 16% surge after the purchase was disclosed Monday morning. “

Bitcoin retreats after weekend rally to record of nearly $50,000. According to Bloomberg Quint on Monday, 15 February, “Signs that the financial industry may widen its embrace of Bitcoin fueled the weekend jump.”