Litecoin is currently on bullish momentum. At 22:05 EST on Tuesday, 29 December, Litecoin is at $132.15 and up by 4.62% in the last 6 hours.
Over the last six hours, Litecoin’s higher value was $132.15 and the lower value was $126.31.
Over the last twelve hours, Litecoin’s higher value was $132.15 and the lower value was $122.48.
Regarding Litecoin’s daily lows, it’s 7.895% up from its trailing 24-hour low of $122.48
Concerning Litecoin’s yearly highs and lows, it’s 416.817% up from its 52-week low and 4.461% down from its 52-week high.
Litecoin’s last day, last week, and last month’s average volatility was a negative 0.78%, a positive 1.91%, and a positive 1.71%, respectively.
Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 7.77%, 12.38%, and 10.96%, respectively.
News about Bitcoin
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sunday, 27 December, "The resulting glut in the most important raw material for making the virtual coins coincided with a year when the price of Bitcoin tripled.", ""It is one of the biggest developments in Bitcoin mining to look out for.""
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sunday, 27 December, ""What’s happening now — and it’s happening faster than anyone could ever imagine — is that Bitcoin is moving from a fringe esoteric asset to the mainstream," said Matt Hougan, chief investment officer of Bitwise Asset Management. ", "Janet Yellen, who’s been nominated to serve as Treasury secretary in Biden’s administration, has in recent years cautioned investors over Bitcoin, saying it was a "highly speculative asset" and "not a stable store of value." A representative didn’t immediately return a request seeking comment."
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 is on track for its longest monthly winning streak in more than a year after touching a record above $28,000 over the weekend."
Bitcoin on longest winning run since 2019 after topping $28,000. According to Bloomberg Quint on Monday, 28 December, "Bitcoin has divided opinion as its price more than tripled in 2020 amid a worsening pandemic. ", "Read more: Bitcoin Crushes Doubters as 224% Rally Proves It’s Here to Stay"
Bitcoin mining stocks surge after the cryptocurrency passes $28,000 for the first time. According to Business Insider on Monday, 28 December, "In recent days bitcoin mining companies have announced major purchases of new equipment.", "Last week CleanSpark announced its adding 1,000 bitcoin miners to its mining fleet."
Bitcoin rally likely to peak out in coming weeks, says technical analyst. According to Business Insider on Tuesday, 29 December, "At press-time Bitcoin traded 1.26% lower at $26,845.73 and Ethereum traded 1.06% higher at $715.97.", "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."
Bitcoin looks to gain traction in payments. According to The Wall Street Journal on Tuesday, 29 December, "Many of the companies that tried accepting bitcoin in 2014 and 2015, including Expedia Group Inc. and Dell Inc., later quietly dropped it.", "Vegas Auto Gallery, a luxury auto dealership in Las Vegas, has become a playground for wealthy bitcoin investors who want to cash in."