Litecoin On Bullish Momentum: 8.21% Up In The Last 24 Hours

Litecoin is currently on bullish momentum. At 10:05 EST on Friday, 5 February, Litecoin is at $155.62 and up by 8.21% in the last 24 hours.

Litecoin Range

Over the last six hours, Litecoin’s higher value was $155.62 and the lower value was $153.06.

Over the last twelve hours, Litecoin’s higher value was $155.62 and the lower value was $147.95.

In relation to Litecoin’s daily lows, it’s 8.212% up from its trailing 24-hour low of $143.81

Regarding Litecoin’s yearly highs and lows, it’s 508.604% up from its 52-week low and 16.234% down from its 52-week high.

Volatility

Litecoin’s last day, last week, and last month’s average volatility was 7.21%, 4.83%, and 5.14%, respectively.

Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 11.01%, 8.64%, and 11.99%, 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, “Rahmani drew a distinction between Bitcoin and blockchain technology, the public, mostly anonymous ledger that records all the currency’s transactions. “, “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.”

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.”, “However, Bitcoin — the world’s largest digital asset — is still prone to volatile price moves, as seen this month, undermining the case for moving a company’s rainy day fund into an asset that has been known to witness single-session swings of more than 10% this year.”

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.”

Only 15% of Bitcoin traders are women, broker study shows. According to Bloomberg Quint on Friday, 5 February, “Subscriber numbers have skyrocketed in the retail-trading craze as individuals rushed to strike it rich in everything from Tesla Inc. to Bitcoin and GameStop Corp. Bitcoin investors on its platform have more than doubled over the past year and the average age is 35, eToro said.”, “As Bitcoin prices boomed over the past year, with millions of people around the world signing up for day-trading accounts during the pandemic, it remains largely a hobby of young men. “