Litecoin is currently on bullish momentum. At 05:04 EST on Wednesday, 3 March, Litecoin is at $194.68 and up by 11.03% in the last 12 hours.
Over the last six hours, Litecoin’s higher value was $194.68 and the lower value was $189.11.
Over the last twelve hours, Litecoin’s higher value was $194.68 and the lower value was $175.34.
About Litecoin’s daily lows, it’s 13.14% up from its trailing 24-hour low of $172.07
About Litecoin’s yearly highs and lows, it’s 661.361% up from its 52-week low and 20.849% down from its 52-week high.
Litecoin’s last day, last week, and last month’s average volatility was 1.50%, 3.14%, and 5.45%, respectively.
Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 7.90%, 10.49%, and 11.80%, respectively.
Last news about Litecoin
According to FX Empire on Monday, 1 March, “Binance Coin (-6.49%), Chainlink (-5.56%), Ethereum (-2.63%), Litecoin (-3.63%), and Ripple’s XRP (-4.45%) also struggled, however.”, “Chainlink (+9.53%), Ethereum (+8.22%), Litecoin (+27.86%), and Polkadot (+53.66%) trailed the front runners.”
News about Bitcoin
Bitcoin whales are a mixed blessing. According to Bloomberg Quint on Sunday, 28 February, “In theory, those who run their own Bitcoin software are immune to unauthorized tampering with the protocol. “, “On the other hand, if Bitcoin is to become a sovereign currency that overthrows legacy banking, it needs the price stability that comes from being on a lot of institutional balance sheets.”
Bitcoin rises after China region declares war on crypto mining. According to Bloomberg Quint on Monday, 1 March, “The region accounted for 8% of global Bitcoin mining computing power, according to the Bitcoin Electricity Consumption Index compiled by Cambridge University. “
Bitcoin is at a tipping point and could become ‘currency of choice’ for global trade, citi says. According to CNBC on Monday, 1 March, “There are a host of risks and obstacles that stand in the way of Bitcoin progress,” the U.S. investment bank’s global perspectives and solutions team wrote in a note Monday.”, “For institutional investors, these include concerns over capital efficiency, insurance and custody, security, and ESG considerations from Bitcoin mining,” the bank added. “
Bitcoin rises as citi makes the case for a role in global trade. According to Bloomberg Quint on Monday, 1 March, “But weighing these potential hurdles against the opportunities leads to the conclusion that Bitcoin is at a tipping point and we could be at the start of massive transformation of cryptocurrency into the mainstream.”, “Citigroup’s full-throated backing of Bitcoin shows that crypto is continuing to win over the world’s biggest financial institutions. “
Bitcoin rises as Citigroup, goldman find allure hard to resist. According to Bloomberg Quint on Monday, 1 March, “The sheer amount of energy needed to mine Bitcoin and the prospect that governments will create more obstacles for the largest cryptocurrency point to the token losing “most of its value over time,” BCA Research Chief Global Strategist Peter Berezin wrote in the report released Friday.”, “But weighing these potential hurdles against the opportunities leads to the conclusion that Bitcoin is at a tipping point and we could be at the start of massive transformation of cryptocurrency into the mainstream.”
Microstrategy raises Bitcoin holdings to more than $4 billion. According to Bloomberg Quint on Monday, 1 March, “MicroStrategy Inc.’s Michael Saylor purchased more Bitcoin to raise the enterprise-software company’s holdings to more than $4 billion.”, “Saylor has been one of a handful of chief executives to put Bitcoin on their balance sheets, saying the relaxation of the Federal Reserve’s inflation policy helped to sour him on cash. “
Cboe says it’s seeking approval to list Bitcoin ETF in U.S.. According to Bloomberg Quint on Tuesday, 2 March, “Cboe said in the filing the cryptocurrency ecosystem has “progressed significantly,” citing among other things products investing in Bitcoin futures as well as the emergence of regulated custodial services for digital assets.”, “Cboe in a Monday filing with the U.S. Securities and Exchange Commission sought the green light for the VanEck Bitcoin Trust. “
Bitcoin tips scales in favor of a U.S. ETF. According to Bloomberg Quint on Tuesday, 2 March, “The cryptocurrency’s surging popularity all but guarantees that Bitcoin ETFs will be overrun with investors.”, “There’s also the unfortunate fact that “accredited” – read rich -investors can already invest in Bitcoin funds while retail investors are locked out. “
Bitcoin rebounds after being ruffled by SEC confirmation hearing. According to Bloomberg Quint on Wednesday, 3 March, “While the Bitcoin market reacted quickly to his comments, Gensler was largely positive about Bitcoin and cryptocurrencies,” said John Wu, president of blockchain technology firm Ava Labs. “