Litecoin On Bearish Momentum: 4.81% Down In The Last 6 Hours

Litecoin is currently on bearish momentum. At 08:07 EST on Sunday, 27 December, Litecoin is at $128.37 and down by 4.81% in the last 6 hours.

Litecoin Range

Over the last six hours, Litecoin’s higher value was $134.55 and the lower value was $128.37.

Over the last twelve hours, Litecoin’s higher value was $136.47 and the lower value was $128.37.

Regarding Litecoin’s daily highs, it’s 5.935% down from its trailing 24-hour high of $136.47

About Litecoin’s yearly highs and lows, it’s 402.034% up from its 52-week low and 6.21% 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. “, “Then, as Bitcoin ran up, it bought more, and the stock has now soared thanks to the bet. “

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”, “Like Monty Python’s Black Knight, Bitcoin believers treat near-fatal volatility as mere flesh wounds. “

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 has a current market cap of about $350 billion, while that of gold’s stands at roughly $10 trillion.”, “Bitcoin is soaring once again, hitting a new record price of $24,661 on Friday, with investors declaring “Happy Bitmas,” on social media.”

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 current market dynamics give big miners alternatives to places where Bitcoin are usually created such as China, Kazakhstan and Canada.”