Litecoin is currently on bearish momentum. At 15:07 EST on Sunday, 27 December, Litecoin is at $132.10 and down by 3.49% in the last 6 hours.
Litecoin Range
Over the last six hours, Litecoin's higher value was $136.71 and the lower value was $131.17.
Over the last twelve hours, Litecoin's higher value was $136.71 and the lower value was $128.37.
Regarding Litecoin's daily highs and lows, it's 2.906% up from its trailing 24-hour low of $128.37 and 3.372% down from its trailing 24-hour high of $136.71.
Regarding Litecoin's yearly highs and lows, it's 416.621% up from its 52-week low and 4.428% down from its 52-week high.
Volatility
Litecoin's last day and last week average volatility is a positive 1.95% and a positive 9.05%, respectively. Litecoin's high and low amplitude percentage in the last week was 14.94%.
News about Bitcoin
michael saylor, the CEO who turned a software company into a Bitcoin company. According to Bloomberg Quint on Thu Dec 24, "This past summer, the business intelligence software company MicroStrategy made waves when it put some of its extra cash into Bitcoin. ", "We speak with MicroStrategy's CEO, Michael Saylor, on why he thinks Bitcoin is the best reserve asset for any company."
Bitcoin rally has already outlasted 2017 run. According to The Wall Street Journal on Thu Dec 24, "Bitcoin bulls say the money fueling this year's rally is coming from more reliable sources than past rallies. "
Bitcoin crushes doubters as 224% rally proves it’s here to stay. According to Bloomberg Quint on Thu Dec 24, "Talking Gold and Bitcoin with Anthony "Pomp" Pompliano", "Since Bitcoin's market capitalization reached $1 billion in March 2013, there have been two cycles of spikes to record highs, followed by drawdowns of more than 80%. "
Luxxfolio to acquire 590 Bitcoin miners. According to Business Insider on Thu Dec 24,
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, "Bitcoin's market cap could reach $1 trillion sometime in 2021, according to Garrick Hileman, head of research at Blockchain.com, if investors take its reserve currency status more seriously.", "Bitcoin has a current market cap of about $350 billion, while that of gold's stands at roughly $10 trillion."
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, ""There is a very important strategic shift away from mining in China to mining in western countries like Sweden as Bitcoin investors become more public and want more stability and critical safety," said Salter at Genesis. ", "The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled."
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, "But with Bitcoin capturing greater attention, it could also garner further scrutiny from regulators, says Guy Hirsch, managing director for the U.S. at online-trading platform eToro. ", "But for Bitcoin, 2020 has been a marvelous time."