Litecoin is currently on bearish momentum. At 02:03 EST on Tue 22 Dec, Litecoin is at $102.20 and down by 13.71% in the last 24 hours.
Over the last six hours, Litecoin’s higher value was $105.47 and the lower value was $102.20.
Over the last twelve hours, Litecoin’s higher value was $107.45 and the lower value was $102.20.
Concerning Litecoin’s daily highs, it’s 12.056% down from its trailing 24-hour high of $116.21
In relation to Litecoin’s yearly highs and lows, it’s 299.687% up from its 52-week low and 17.421% 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, "Bitcoin was once derided by serious investors as a bubble or a Ponzi scheme. ", ""The core thesis supporting crypto and Bitcoin is that this is a once-in-a-generation style technological breakthrough that’s penetrating multiple multi-trillion-dollar markets," he added. "
Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, "Neither vehicle allows for redemptions, meaning that a fixed number of shares are issued, though secondary offerings are allowed by GBTC for institutional investors who contribute Bitcoin. ", ""That’s not to say advisors can’t learn how to use crypto apps or Cash App, but if you want to get Bitcoin in existing legacy financial systems — where almost all the money is — you need something that works in that system.""
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."