Litecoin is currently on bullish momentum. At 07:03 EST on Fri 18 Dec, Litecoin is at $108.50 and up by 7.28% in the last 24 hours.
Litecoin Range
Over the last six hours, Litecoin's higher value was $111.56 and the lower value was $107.76.
Over the last twelve hours, Litecoin's higher value was $111.56 and the lower value was $103.93.
Concerning Litecoin's daily highs and lows, it's 8.154% up from its trailing 24-hour low of $100.32 and 2.743% down from its trailing 24-hour high of $111.56.
In relation to Litecoin's yearly highs and lows, it's 324.325% up from its 52-week low and 3.246% down from its 52-week high.
News about Bitcoin
Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, "Bitcoin rose as much as 1.9% on Tuesday to trade around $19,562. ", "Recent forays into the cryptocurrencies space by Square Inc., MicroStrategy Inc. and Massachusetts Mutual Life Insurance Co. are "laying out the groundwork for how you add Bitcoin to your balance sheet, how you should think about Bitcoin as a substitute for cash," Ginns said on a webinar hosted by Evercore ISI Tuesday. "
Bitcoin surpasses $20,000 for first time amid dizzying rally. According to Bloomberg Quint on Wed Dec 16, "Bitcoin surpassed $20,000 for the first time, another milestone in what's been an eye-popping rally for the controversial digital asset this year.", "This "is the start of a new chapter for Bitcoin. "
Canada’s CI financial completes $72 million IPO of Bitcoin fund. According to Bloomberg Quint on Wed Dec 16, "The New York-based firm will also execute all Bitcoin trading on behalf of the fund. ", "Bitcoin has gained popularity as a hedge against U.S. dollar weakness and as investors seek to bolster returns amid rock-bottom interest rates. "
Bitcoin whale surfaces with $1 billion and alan howard’s backing. According to Bloomberg Quint on Wed Dec 16, "In addition to its initial purchases, One River Digital Asset Management has commitments that will bring its holdings of Bitcoin and Ether to about $1 billion as of early 2021, he said.", "Assets in the Grayscale Bitcoin Trust, the largest player, have swelled to more than $10 billion."
Bitcoin tops $20,000 for first time. According to The Wall Street Journal on Wed Dec 16, "Bitcoin surged above $20,000 on Wednesday for the first time in its 11-year history, part of a furious rally that has seen the digital currency double since September."
Bitcoin price surges to fresh record above $20,000. According to MarketWatch on Wed Dec 16, "Bitcoin prices were trading at $20,339 according to CoinDesk data, up nearly 5% on the session, with gains for the digital asset supported by a flood of institutional investor attention on cryptos like bitcoin and other virtual currencies."
All aboard the billionaires’ Bitcoin bandwagon?. According to Bloomberg Quint on Wed Dec 16, "News on Wednesday that One River Asset Management has set up a fund company that will have about $1 billion in Bitcoin and fellow digital coin Ether by early next year suggests that institutional investors are starting to take cryptocurrencies more seriously.", "Even as payments companies like PayPal Holdings Inc. or Square Inc. strive to bring Bitcoin trading to the masses, very few merchants directly touch the stuff. "
Crypto observers debate what’s next after Bitcoin hits record. According to Bloomberg Quint on Wed Dec 16, "If central banks tighten monetary policy and/or governments take action to reduce deficits, the attractiveness of Bitcoin as an inflation hedge and source of scarce yield could decline rapidly.", "But Bitcoin is also a speculative asset, unlike gold. "
Guggenheim’s scott minerd says Bitcoin should be worth $400,000. According to Bloomberg Quint on Wed Dec 16, ""Our fundamental work shows that Bitcoin should be worth about $400,000," Minerd told Bloomberg Television on Wednesday. ", "It's a similar argument to what's often offered by some of Bitcoin's most prominent backers, including famed investor Paul Tudor Jones, who said earlier this year he's been buying Bitcoin as a hedge against what he expects will be faster inflation after years of muted consumer-price increases. "
Bitcoin extends record-setting rally, surpassing $21,800. According to Bloomberg Quint on Thu Dec 17, "Bitcoin extended a record-breaking rally, taking the world's largest cryptocurrency past $21,800 for the first time.", "Bitcoin has more than tripled this year, a surge that's polarized opinion. "
Bitcoin tops $22,000 and strategists say rally has further to go. According to Bloomberg Quint on Thu Dec 17, "Bitcoin's scarcity combined with "rampant money printing" by the Federal Reserve mean the digital token should eventually climb to about $400,000, Scott Minerd, the chief investment officer at Guggenheim, said on Bloomberg TV on Wednesday.", "He sees the price ratio of Bitcoin-to-gold headed for 100, if history is repeated, from its current level of around 12."
Bitcoin hits new all-time high above $23,000, extending its wild 2020 rally. According to CNBC on Thu Dec 17, "Bitcoin hit a fresh record high above $23,000 on Thursday, extending a wild rally for the cryptocurrency that has seen it more than triple in value this year.", "Bitcoin's 2020 performance has reminded many market watchers of its frenzied rally to nearly $20,000 in 2017, which was followed by a sharp pullback the following year. "
Quants ride into crypto wild west in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, ""We saw the impact of massive printing of cash by governments around the world and so we made the decision that mostly likely Bitcoin will benefit," he said from Miami.", "When he went all-in on Bitcoin this year, it was based on a judgment call rather than any systematic signals."
Bitcoin is up 200% this year. investment pros say the price could reach $400,000. According to MarketWatch on Thu Dec 17,
Bitcoin exchange coinbase files for initial public offering. According to The Wall Street Journal on Thu Dec 17,
Popular crypto exchange coinbase files confidentially to take itself public as Bitcoin price soars to record above $23,000. According to MarketWatch on Thu Dec 17,
Largest U.S. cryptocurrency exchange coinbase files for IPO as Bitcoin soars past $23,000. According to CNBC on Thu Dec 17, "Bitcoin has garnered much attention from investors lately, and Paul Tudor Jones and Stanley Druckenmiller are among those who have come out in favor of the cryptocurrency. "