Litecoin is currently on bearish momentum. At 23:03 EST on Mon 21 Dec, Litecoin is at $103.95 and down by 12.67% in the last 24 hours.
Over the last six hours, Litecoin’s higher value was $107.45 and the lower value was $103.78.
Over the last twelve hours, Litecoin’s higher value was $107.51 and the lower value was $103.56.
In relation to Litecoin’s daily highs and lows, it’s 0.377% up from its trailing 24-hour low of $103.56 and 11.245% down from its trailing 24-hour high of $117.12.
Concerning Litecoin’s yearly highs and lows, it’s 306.531% up from its 52-week low and 16.007% down from its 52-week high.
News about Bitcoin
The CIO of a new crypto fund that has returned 220% to investors this year explains why Bitcoin topped $20,000 for the first time ever this week – and shares another digital currency set to become…. According to Business Insider on Sat Dec 19, ""That’s a signal from a well-established financial institution that there’s more to crypto than Bitcoin," he said.", "Bitcoin’s 212% rally this year is driven by all types of new investors who had never invested in bitcoin but are now jumping on the bandwagon, Hougan said."
Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, "For those investors looking for access to Bitcoin but who are reluctant or unsure how to get direct exposure, the ease of buying products like BITW or GBTC through a brokerage platform trumps the extra cost.", "At BITW’s 358% premium — which doesn’t just hold Bitcoin — that sum balloons to $104,424."
Elon Musk inquired on twitter about 'large' Bitcoin transactions after a crypto booster suggested he convert Tesla's balance sheet. According to Business Insider on Mon Dec 21, "Before the exchange with Saylor, he tweeted "Bitcoin is my safe word," but then followed up by saying, "Just kidding, who needs a safe word anyway!?"", "Following the Saylor conversation, Musk tweeted: "Bitcoin is almost as bs as fiat money," and then suggested to his followers he’s a fan of Dogecoin, a parody cryptocurrency."