Litecoin is currently on bullish momentum. At 15:05 EST on Thursday, 31 December, Litecoin is at $124.31 and up by 12331% in the last 6 hours.

Litecoin Range

Over the last six hours, Litecoin’s higher value was $124.85 and the lower value was $123.10.

Over the last twelve hours, Litecoin’s higher value was $127.63 and the lower value was $123.10.

Regarding Litecoin’s daily highs and lows, it’s 0.983% up from its trailing 24-hour low of $123.10 and 4.443% down from its trailing 24-hour high of $130.09.

About Litecoin’s yearly highs and lows, it’s 386.156% up from its 52-week low and 10.129% down from its 52-week high.

Volatility

Litecoin’s last day, last week, and last month’s average volatility was 0.33%, 3.62%, and 1.37%, respectively.

Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 7.30%, 10.37%, and 10.72%, respectively.

News about Bitcoin

Bitcoin on longest winning run since 2019 after hitting record. According to Bloomberg Quint on Monday, 28 December, “Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.”

Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Monday, 28 December, “Ayyar said investors are shifting to Bitcoin and other digital coins in the wake of the XRP development.”, “Edward Moya, senior market analyst at Oanda, says demand for Bitcoin is “relentless.”

Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tuesday, 29 December, “Grayscale Bitcoin Trust (OTC:GBTC) and Grayscale Ethereum Trust (OTC:ETHE) closed 11.33% and 4.32% higher at $30.45 and $16.90 on Monday, respectively.”, “Basing his analysis on another chart, which uses three disparate Bitcoin cycles, Newton said, “All those years where we had a stellar Q4 we reversed course in trend back in late December, early January, and actually went lower.”

Bitcoin hits new record, set for biggest monthly gain since 2019. According to Bloomberg Quint on Wednesday, 30 December, “While a growing institutional presence has been part of the narrative of the current bull run, we may see increased retail interest in Bitcoin as a form of digital gold,” Paolo Ardoino, chief technology officer of crypto exchange Bitfinex said in an email.”

South African Bitcoin trader under liquidation, business day says. According to Bloomberg Quint on Wednesday, 30 December, “A provisional liquidation order has been granted against a South African Bitcoin trading company that is said to have received about 9.45 billion rand ($644 million) from as many as 280,000 investors, Business Day reported.”

Wall street revives dream of a Bitcoin ETF with new SEC filing. According to Bloomberg Quint on Thursday, 31 December, “VanEck’s filing comes in a week when Bitcoin has continued to set record highs — currently above $29,000. “, “According to the filing, VanEck’s ETF plans to hold Bitcoin and will value its shares based on prices contributed by exchanges that MV Index Solutions GmbH believes represent the top five exchanges for the cryptocurrency.”

According to Business Insider on Thursday, 31 December, “The VanEck Bitcoin Trust would reflect the performance of the MVIS CryptoCompare Bitcoin Benchmark Rate.”

(Excerpt) Read more Here | 2020-12-31 13:05:00
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