Litecoin On Bearish Momentum: 7.84% Down In The Last 24 Hours

Litecoin is currently on bearish momentum. At 19:03 EST on Thursday, 4 February, Litecoin is at $145.19 and down by 7.84% in the last 24 hours.

Litecoin Range

Over the last six hours, Litecoin’s higher value was $148.25 and the lower value was $145.19.

Over the last twelve hours, Litecoin’s higher value was $149.38 and the lower value was $143.81.

About Litecoin’s daily highs and lows, it’s 0.96% up from its trailing 24-hour low of $143.81 and 7.54% down from its trailing 24-hour high of $157.03.

In relation to Litecoin’s yearly highs and lows, it’s 0% down from its 52-week low and 0% down from its 52-week high.

Volatility

Litecoin’s last day, last week, and last month’s average volatility was 9.19%, 4.68%, and 4.98%, respectively.

Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 9.65%, 8.27%, and 11.97%, respectively.

Last news about Litecoin

According to Bloomberg Quint on Thursday, 4 February, “Other so-called alt coins have also slumped, with Ether dropping as much as 4.6% and Litecoin slumping as much as 8.9%.”

News about Bitcoin

Accelerate files preliminary prospectus for accelerate Bitcoin ETF. According to Business Insider on Wednesday, 3 February, “CALGARY, AB, Feb. 2, 2021 /CNW/ -Accelerate Financial Technologies Inc., (“Accelerate”) is pleased to announce that it has filed and obtained a receipt for a preliminary prospectus with the Canadian securities regulators for Accelerate Bitcoin ETF (“ABTC”).”

Goldman Sachs’s rahmani strikes warning over Bitcoin value. According to Bloomberg Quint on Wednesday, 3 February, “The wild swings in the price of Bitcoin prove it’s not a real unit of value, though blockchain technology “is here to stay,” according to Goldman Sachs Group Inc.’s Sharmin Mossavar-Rahmani.”, “Despite doubters on Wall Street, the unceasing buzz over Bitcoin is leading more banks to develop cryptocurrency products for clients. “

Bitcoin proselytizer saylor says over 1,000 firms join webinar. According to Bloomberg Quint on Wednesday, 3 February, “According to Saylor, 1,400 firms signed up for the session on Bitcoin legal considerations.”, “Michael Saylor says he sees an “avalanche” of companies moving their cash into Bitcoin over the next 12 months.”

Klarna CEO cautions executives promoting Bitcoin investments. According to Bloomberg Quint on Thursday, 4 February, “Michael Saylor, CEO of MicroStrategy Inc. and a Bitcoin proselytizer, said this week at his company’s World Now global conference that he sees an “avalanche” of companies moving their cash into Bitcoin over the next 12 months.”

Bitcoin declines after bouncing off top of recent price range. According to Bloomberg Quint on Thursday, 4 February, “A strengthening dollar since the start of the year has kept Bitcoin stuck in a consolidation phase, but that could be ending soon, according to Ed Moya, senior market analyst at Oanda Corp.”