Litecoin is currently on bearish momentum. At 01:03 EST on Tue 22 Dec, Litecoin is at $102.99 and down by 12.85% in the last 24 hours.
Over the last six hours, Litecoin’s higher value was $105.47 and the lower value was $102.99.
Over the last twelve hours, Litecoin’s higher value was $107.45 and the lower value was $102.99.
Regarding Litecoin’s daily highs, it’s 11.384% down from its trailing 24-hour high of $116.22
Regarding Litecoin’s yearly highs and lows, it’s 302.777% up from its 52-week low and 16.782% down from its 52-week high.
News about Bitcoin
The CIO of a new crypto fund that has returned 220% to investors this year explains why Bitcoin topped $20,000 for the first time ever this week – and shares another digital currency set to become…. According to Business Insider on Sat Dec 19, “It’s much more institutional than it was in the past and I think that raises the likelihood that we’ll see a Bitcoin ETF sooner than later,” he said.”, “Bitcoin has surged into the stratosphere this year, but it is by no means the best-performing cryptocurrency.”
Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, “”It’s absolutely mind-boggling that regulators allow retail investors to access these products, but won’t allow a Bitcoin ETF which would easily solve the premium issue.””, “A rough back-of-the-envelope calculation suggests that at a 34% premium, investors are paying the equivalent of $30,522 if Bitcoin’s price is $22,800 per coin. “
Elon Musk inquired on twitter about ‘large’ Bitcoin transactions after a crypto booster suggested he convert Tesla’s balance sheet. According to Business Insider on Mon Dec 21, “Before the exchange with Saylor, he tweeted “Bitcoin is my safe word,” but then followed up by saying, “Just kidding, who needs a safe word anyway!?””, “Following the Saylor conversation, Musk tweeted: “Bitcoin is almost as bs as fiat money,” and then suggested to his followers he’s a fan of Dogecoin, a parody cryptocurrency.”