Litecoin is currently on bullish momentum. At 07:03 EST on Tuesday, 2 March, Litecoin is at $181.09 and up by 5.11% in the last 6 hours.
Litecoin Range
Over the last six hours, Litecoin’s higher value was $182.80 and the lower value was $172.29.
Over the last twelve hours, Litecoin’s higher value was $182.80 and the lower value was $172.29.
Regarding Litecoin’s daily highs and lows, it’s 5.845% up from its trailing 24-hour low of $171.09 and 0.935% down from its trailing 24-hour high of $182.80.
Regarding Litecoin’s yearly highs and lows, it’s 608.213% up from its 52-week low and 26.374% down from its 52-week high.
Volatility
Litecoin’s last day, last week, and last month’s average volatility was 6.25%, 5.45%, and 5.49%, respectively.
Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 7.56%, 13.71%, and 11.76%, respectively.
Last news about Litecoin
According to FX Empire on Saturday, 27 February, “Binance Coin (-5.50%), Crypto.com Coin (-6.87%), Litecoin (-5.07%) led the way down.”
According to FX Empire on Monday, 1 March, “Binance Coin (-6.49%), Chainlink (-5.56%), Ethereum (-2.63%), Litecoin (-3.63%), and Ripple’s XRP (-4.45%) also struggled, however.”, “Binance Coin (-28.66%), Bitcoin Cash SV (-29.10%), Chainlink (-27.56%), Ethereum (-26.54%), Litecoin (-27.18%), and Ripple’s XRP (-23.57%) led the way down.”
News about Bitcoin
According to Business Insider on Saturday, 27 February, “Wood, whose firm holds more thanseven million shares in the Grayscale Bitcoin Trust, believes that the digital token still has “trillions of dollars of market cap potential.”
5 reasons Bitcoin is superior to gold. According to Business Insider on Saturday, 27 February, “Legal Tender: Bitcoin is only 12 years old, but it is already a payment option at many places … with more joining the list each day. “, “Transferability: Bitcoin is a digital asset, so it can be sent via the internet to anyone around the world with a connected device. “
Bitcoin whales are a mixed blessing. According to Bloomberg Quint on Sunday, 28 February, “Meanwhile, corporate interest in Bitcoin is motivating traditional financial institutions to get with the program. “, “While Bitcoin makes it easy for anyone to be their own bank, the fact that the vast majority of Bitcoin users prefer to let third parties take custody of their assets sort of defeats the purpose of a decentralized cryptocurrency.”
Bitcoin rises after China region declares war on crypto mining. According to Bloomberg Quint on Monday, 1 March, “The region accounted for 8% of global Bitcoin mining computing power, according to the Bitcoin Electricity Consumption Index compiled by Cambridge University. “
Bitcoin is at a tipping point and could become ‘currency of choice’ for global trade, citi says. According to CNBC on Monday, 1 March, “There are a host of risks and obstacles that stand in the way of Bitcoin progress,” the U.S. investment bank’s global perspectives and solutions team wrote in a note Monday.”, “For institutional investors, these include concerns over capital efficiency, insurance and custody, security, and ESG considerations from Bitcoin mining,” the bank added. “
Bitcoin rises as citi makes the case for a role in global trade. According to Bloomberg Quint on Monday, 1 March, “The sheer amount of energy needed to mine Bitcoin and the prospect that governments will create more obstacles for the largest cryptocurrency point to the token losing “most of its value over time,” BCA Research Chief Global Strategist Peter Berezin wrote in the report released Friday.”, “But weighing these potential hurdles against the opportunities leads to the conclusion that Bitcoin is at a tipping point and we could be at the start of massive transformation of cryptocurrency into the mainstream.”
Bitcoin rises as Citigroup, goldman find allure hard to resist. According to Bloomberg Quint on Monday, 1 March, “The sheer amount of energy needed to mine Bitcoin and the prospect that governments will create more obstacles for the largest cryptocurrency point to the token losing “most of its value over time,” BCA Research Chief Global Strategist Peter Berezin wrote in the report released Friday.”, “But weighing these potential hurdles against the opportunities leads to the conclusion that Bitcoin is at a tipping point and we could be at the start of massive transformation of cryptocurrency into the mainstream.”
Microstrategy raises Bitcoin holdings to more than $4 billion. According to Bloomberg Quint on Monday, 1 March, “MicroStrategy Inc.’s Michael Saylor purchased more Bitcoin to raise the enterprise-software company’s holdings to more than $4 billion.”, “Saylor has been one of a handful of chief executives to put Bitcoin on their balance sheets, saying the relaxation of the Federal Reserve’s inflation policy helped to sour him on cash. “