Litecoin is currently on bullish momentum. At 11:04 EST on Tuesday, 19 January, Litecoin is at $162.01 and up by 8.8% in the last 24 hours.
Over the last six hours, Litecoin’s higher value was $164.28 and the lower value was $159.14.
Over the last twelve hours, Litecoin’s higher value was $164.37 and the lower value was $156.54.
Regarding Litecoin’s daily highs and lows, it’s 9.904% up from its trailing 24-hour low of $147.41 and 1.436% down from its trailing 24-hour high of $164.37.
Regarding Litecoin’s yearly highs and lows, it’s 533.594% up from its 52-week low and 12.795% down from its 52-week high.
Litecoin’s last day, last week, and last month’s average volatility was 6.82%, 1.35%, and 0.74%, respectively.
Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 11.32%, 11.91%, and 13.67%, respectively.
News about Bitcoin
Bitcoin retreats from $40,000 level strategists view as key. According to Bloomberg Quint on Monday, 18 January, "The flow into the Grayscale Bitcoin Trust would likely need to sustain its $100 million per day pace over the coming days and weeks for such a breakout to occur," the strategists wrote in a note on Friday.", "The pattern of demand for Bitcoin futures and the $22.9 billion Grayscale Bitcoin Trust will help determine the outlook, they added."
A record $3.7 billion in Bitcoin options are set to expire on January 29 as interest in cryptocurrencies surges. According to Business Insider on Monday, 18 January, "On Monday morning, open options contracts were worth around 245,700 Bitcoin – or roughly $9.1 billion – according to cryptocurrency data analytics website bybt.com.", "A record $3.7 billion worth of Bitcoin options are set to expire on January 29, as speculation ramps up following the recent volatility in the cryptocurrency’s price and growth in interest in its derivatives."
Coinshares is starting an exchange-traded Bitcoin product. According to Bloomberg Quint on Monday, 18 January, "The CoinShares Physical Bitcoin product will go live on Jan. 19 and be listed under the ticker BITC on the SIX Swiss Exchange. ", "It launched a regulated Bitcoin investment vehicle in 2015, when the coin traded around $400."
JPMorgan sees Bitcoin crossing $40k again in coming weeks, if this key condition is met. According to Business Insider on Tuesday, 19 January, "The investors who tend to follow market trends "could propagate the past week’s correction" and "momentum signals will naturally decay from here up till the end of March" if Bitcoin does not cross the $40,000 mark in the coming weeks, the analysts reportedly said.", "JPMorgan analysts see Bitcoin (BTC) continuing on its rally above the $40,000 mark, if the Grayscale Bitcoin Trust (OTC:GBTC) continues to sustain inflow above the $100 million mark every day in the coming weeks."
Bitcoin profit review : comprehensive sign up guide for Bitcoin profit app. According to Business Insider on Tuesday, 19 January, "Whether someone is a seasoned online investor or completely new to investing, Bitcoin Profit is built so it’s simple and easy to get trading and make money soon after sign-up. ", "To deposit this, Bitcoin Profit offers multiple payment options like MasterCard, Visa, PayPal, Web Money, and even Wired Transfers. "
Bofa clients with $561 billion say Bitcoin is most crowded trade. According to Bloomberg Quint on Tuesday, 19 January, "For the first time since 2017, Bank of America Corp. clients with $561 billion combined say Bitcoin is the world’s most crowded trade as speculative euphoria hits Wall Street."
A $3 billion digital-asset investing trailblazer just launched an exchange-traded Bitcoin product in the midst of the cryptocurrency's wild rally. According to Business Insider on Tuesday, 19 January, "CoinShares, one of the earliest digital asset investing firms, said on Tuesday it had launched an exchange-traded Bitcoin product.", "The CoinShares Physical Bitcoin Product is set to be listed on Switzerland’s main stock exchange under the ticker symbol BITC. "