Litecoin On Bearish Momentum: 5.85% Down In The Last 6 Hours

Litecoin is currently on bearish momentum. At 23:03 EST on Tuesday, 9 March, Litecoin is at $193.31 and down by 5.85% in the last 6 hours.

Litecoin Range

Over the last six hours, Litecoin’s higher value was $205.66 and the lower value was $193.31.

Over the last twelve hours, Litecoin’s higher value was $205.66 and the lower value was $193.31.

In relation to Litecoin’s daily highs, it’s 6.005% down from its trailing 24-hour high of $205.66

About Litecoin’s yearly highs and lows, it’s 656.003% up from its 52-week low and 21.406% down from its 52-week high.

Volatility

Litecoin’s last day, last week, and last month’s average volatility was 6.10%, 3.21%, and 4.98%, respectively.

Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 8.09%, 7.82%, and 11.51%, respectively.

Last news about Litecoin

According to FX Empire on Monday, 8 March, “Bitcoin Cash SV (+4.11%), Ethereum (+4.63%), and Litecoin (+4.30%) also found strong support.”, “Binance Coin (+13.89%), Chainlink (+15.63%), Litecoin (+15.20%), and Ripple’s XRP (+11.88%) also found strong support.”

News about Bitcoin

Crypto coin outperforming Bitcoin is about to see supply reduced. According to Bloomberg Quint on Sunday, 7 March, “Unlike Ether, Bitcoin has had since its start in 2009 a fixed supply of 21 million coins that will ever be created. “, “Ether has risen about 560% in the past year, while Bitcoin is up about 430%, according to data compiled by Bloomberg. “

Norwegian oil billionaire joins the bets on Bitcoin . According to Bloomberg Quint on Monday, 8 March, “Aker’s Seetee will focus on investing in Bitcoin, establish partnerships with leading players in the Bitcoin and broader blockchain community, launch Bitcoin verification operations and invest in innovation projects and companies.”

U.S. government to sell 0.7501 Bitcoin worth $38,000 at current prices. According to Bloomberg Quint on Monday, 8 March, “With lot 4KQSCI21105001, which goes up for auction in a week, the government is offering an amount of Bitcoin worth about $38,000 at Monday’s price.”, “A Morgan Stanley unit known for picking growth stocks is considering adding Bitcoin to its possible bets and, last week, a person close to Goldman Sachs Group Inc. said the bank plans to reopen a trading desk for cryptocurrencies.”

Bitcoin hits highest level in two weeks as big-money bets flow. According to Bloomberg Quint on Tuesday, 9 March, “While Bitcoin and Ether are still well off their record highs of $58,350 and $1,975 respectively, they’ve climbed back from a drop in late February. “, “NYDIG also said that life, annuity and property/casualty insurers now own more than $1 billion of direct and indirect Bitcoin exposure held on its institutional custody platform.”

Bitcoin breaks through $55,000 as risk appetite revives. According to Bloomberg Quint on Wednesday, 10 March, “Growing talk of institutional interest in Bitcoin and the possibility that U.S. stimulus checks will bolster flows into financial markets are combining to lift cryptocurrencies. “, “In China, a lot of high net worth individuals have been inquiring on how to add Bitcoin to their portfolio.”