Litecoin (LTC-USD) Cryptocurrency is currently on bearish momentum by 26.15% in the last 7 days. At 22:06 EST on Sunday, 16 May, Litecoin (LTC-USD) is at $284.07.
Litecoin (LTC-USD) Range
Concerning Litecoin’s daily highs and lows, it’s 0.21% up from its trailing 7 days low of $283.48 and 30.66% down from its trailing 7 days high of $409.68.
Currently, Litecoin (LTC-USD) has 178620 Twitter followers and 324250 Reddit subscribers.
As of now, on Github, there are 2598 forks, 3824 stars, and 540 subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Litecoin’s crypto is considered to be overbought (>=80).
Other News About Litecoin (LTC-USD)
According to FX Empire on Monday, 17 May, "Chainlink (-1.87%), Crypto.com Coin (-1.37%), Ethereum (-1.71%), and Litecoin (-1.33%), and Polkadot (-2.04%) also saw red.", "Chainlink and Litecoin tumbled by 22.17% and by 23.74% respectively to lead the way down, with, with Binance Coin sliding by 14.86%."
News about Bitcoin
Scaramucci calls Bitcoin crypto’s ‘apex predator,’ defends drop. According to Bloomberg Quint on Saturday, 15 May, "Even with growing prominence of altcoins, Bitcoin has been able to "maintain its supremacy as the apex predator in digital currency," he said.", "Dorsey was responding to a tweet from Square’s Chief Financial Officer Amrita Ahuja, who said the financial payments company’s Bitcoin strategy hasn’t changed and "we’re deeply committed to this community, including working towards a greener future through our Bitcoin Clean Energy Initiative."
Musk implies Tesla May sell or has sold Bitcoin holdings. According to Bloomberg Quint on Sunday, 16 May, "Elon Musk implied in a Twitter exchange on Sunday that Tesla Inc. may sell or has sold its Bitcoin holdings.", "On May 12, Musk tweeted that while the company was suspending Bitcoin for car purchases, it wouldn’t be selling any Bitcoin."
Jack dorsey says Bitcoin changes everything ‘for the better’. According to Bloomberg Quint on Friday, 14 May, "Square Inc. Chief Executive Officer Jack Dorsey said Friday that the payment processing company would "forever work" to make Bitcoin better.", "Financial News had earlier cited Ahuja as saying that Square has has halted its Bitcoin purchases after a $20 million loss in the coin last quarter."
Elon Musk just reopened an old wound in the Bitcoin world. According to Bloomberg Quint on Sunday, 16 May, "But it actually struck right to the heart of an old fight within the Bitcoin world about how the currency would scale. ", "One group -the small blockers -argued that Bitcoin must be a decentralized store of value, even if that meant high fees and slow transaction times. "
Crypto stocks rebound after $6.1 billion swoon as Bitcoin churns. According to Bloomberg Quint on Friday, 14 May, "The gains comes as Bitcoin climbs back from a slide of more than 15% on Thursday. ", "Elon Musk’s stunning tweet late Wednesday triggered the free-fall for Bitcoin as the billionaire brought concerns surrounding the energy usage of the mining required for the currency to light and forced Wall Street to grapple with an uncertain outlook. "
More news about Litecoin (LTC-USD).