Litecoin is currently on bullish momentum. At 04:07 EST on Monday, 28 December, Litecoin is at $130.65 and up by 1.06% in the last 6 hours.

Litecoin Range

Over the last six hours, Litecoin’s higher value was $131.36 and the lower value was $127.71.

Over the last twelve hours, Litecoin’s higher value was $131.36 and the lower value was $127.34.

In relation to Litecoin’s daily highs and lows, it’s 4.12% up from its trailing 24-hour low of $125.48 and 4.433% down from its trailing 24-hour high of $136.71.

About Litecoin’s yearly highs and lows, it’s 410.95% up from its 52-week low and 5.545% down from its 52-week high.

Volatility

Litecoin’s last day and last week average volatility is a negative 1.52% and a positive 7.70%, respectively. Litecoin’s high and low amplitude percentage in the last week was 14.35%.

News about Bitcoin

Bitcoin surges to fresh record high and looks set to break the $25,000 level: ‘merry bitmas’. According to Business Insider on Fri Dec 25, “Known as the leading cryptocurrency, Bitcoin has been a surprise success during the pandemic, quickly becoming a competitor to gold in some portfolios.”, “However, Bitcoin investors – known for their unquenchable optimism – think this is just the start.”

Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “”This year’s energy prices were particularly low as Bitcoin prices have increased.””, “The current market dynamics give big miners alternatives to places where Bitcoin are usually created such as China, Kazakhstan and Canada.”

Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, “Clayton’s exit from the regulator is welcome news for crypto fans who saw him take a hard line over the years, suing to halt initial coin offerings, rejecting applications for Bitcoin exchange-traded funds and launching a last-minute lawsuit against Ripple Labs Inc. Gensler, who served as a Commodity Futures Trading Commission chairman during the Obama administration, is a senior advisor to the MIT Media Lab Digital Currency Initiative and teaches about blockchain technology and digital currencies.”, “But for Bitcoin, 2020 has been a marvelous time.”

Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Mon Dec 28, “Others question Bitcoin’s validity as an investment and point to the digital currency’s history of wild rallies followed by crashes.”, “Bitcoin is on track for its longest monthly winning streak in more than a year after touching a record above $28,000 over the weekend.”

(Excerpt) Read more Here | 2020-12-28 02:07:00
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