Litecoin On Bearish Momentum: 4.75% Down In The Last 6 Hours

Litecoin is currently on bearish momentum. At 12:03 EST on Monday, 1 February, Litecoin is at $128.92 and down by 4.75% in the last 6 hours.

Litecoin Range

Over the last six hours, Litecoin’s higher value was $135.05 and the lower value was $128.57.

Over the last twelve hours, Litecoin’s higher value was $135.05 and the lower value was $128.57.

About Litecoin’s daily highs and lows, it’s 2.074% up from its trailing 24-hour low of $126.30 and 4.539% down from its trailing 24-hour high of $135.05.

Regarding Litecoin’s yearly highs and lows, it’s 404.185% up from its 52-week low and 30.606% down from its 52-week high.

Volatility

Litecoin’s last day, last week, and last month’s average volatility was a negative 2.96%, a negative 1.30%, and a negative 0.00%, respectively.

Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 6.69%, 8.48%, and 12.87%, respectively.

Last news about Litecoin

According to FX Empire on Monday, 1 February, “Binance Coin (-1.00%), Bitcoin Cash SV (-0.55%), and Litecoin (-2.96%) saw relatively modest losses on the day.”

News about Bitcoin

Bitcoin investors May lose everything, central banker warns. According to Bloomberg Quint on Friday, 29 January, “On Friday, Bitcoin rallied above $35,000, with brokers attributing the move to Elon Musk mentioning the cryptocurrency in his bio page on Twitter.”, “Still, Makhlouf doesn’t see “financial stability issues at the moment arising from Bitcoin itself.”

Bitcoin has leapt 17% after billionaire Elon Musk changes his twitter bio to ‘#Bitcoin’. According to Business Insider on Friday, 29 January, “Clearly the move is being cheered by the Bitcoin bulls,” he said, and called the market’s feverish trading around hot securities like Bitcoin and GameStop “risky.”

Evolve files preliminary prospectus for Bitcoin ETF. According to Business Insider on Friday, 29 January, “TORONTO, Jan. 29, 2021 /CNW/ – EvolveFunds Group Inc.(“Evolve”)is pleased to announce that it has filed a preliminary prospectus with the Canadian securities regulators for the Bitcoin ETF (“EBIT” or “the Fund”). “, “The Fund’s holdings will be priced based on the CME CF Bitcoin Reference Rate, a once-a-day benchmark index price for bitcoin denominated in U.S. dollars.”

What Bitcoin teaches us about risky investing. According to Bloomberg Quint on Saturday, 30 January, “Bloomberg Wealth has also written a couple of “how to” guides on Bitcoin investing.”, “Unlike the foreign exchange trading programs, which allow inexperienced investors to apply large leverage to trading currencies, your losses with Bitcoin are limited to your initial stake. “

Bitcoin could be like the faang stocks for the next decade – but it will take more than the buy-in of the retail army to get it there, an investment chief says. According to Business Insider on Saturday, 30 January, “The “SkyBridge Bitcoin Fund” was launched so that the fund got in before bitcoin’s price soars even higher.”, “I imagine the risk for Bitcoin is one that none of us are going to identify.”

‘trillion dollar’ mt. gox demise as told by a Bitcoin insider. According to Bloomberg Quint on Sunday, 31 January, “In early 2013, Peter Vessenes was in his Seattle office working on a deal to obtain the North American customer operations of the world’s largest Bitcoin exchange at the time, Mt. “, “He’d co-founded CoinLab in 2012 and counted early Bitcoin pioneers such as Roger Ver and Barry Silbert as investors. “

A rally in Bitcoin sparked by Elon Musk has almost evaporated. According to Bloomberg Quint on Monday, 1 February, “The wider Bloomberg Galaxy Crypto Index, which includes Bitcoin and second-ranked Ether, dipped 2%.”, “The cryptocurrency surged as much as 16% Friday, touching $38,627, after Musk changed his Twitter profile to “#bitcoin.” While the reference was still visible Monday, Bitcoin was back at around $33,600 as of 2 p.m. in Tokyo.”

Musk says he’s a Bitcoin ‘supporter,’ buffeting price again. According to Bloomberg Quint on Monday, 1 February, “Elon Musk once again sent ripples through the price of Bitcoin after declaring that he’s a supporter of the largest cryptocurrency.”, “Some argue Bitcoin is winning a wider investor base because it’s muscling in on gold as a hedge for risks such as dollar weakness or faster inflation. “