Litecoin is currently on bullish momentum. At 10:06 EST on Wed 16 Dec, Litecoin is at $86.98 and up by 7.66% in the last 6 hours.
Over the last six hours, Litecoin’s higher value was $86.98 and the lower value was $80.79.
Over the last twelve hours, Litecoin’s higher value was $86.98 and the lower value was $79.78.
In relation to Litecoin’s daily lows, it’s 9.285% up from its trailing 24-hour low of $79.59
In relation to the Litecoin’s yearly highs and lows, it’s 240.164% up from its 52-week low and 7.053% down from its 52-week high.
News about Bitcoin
What is Bitcoin worth? little consensus in fragmented market. According to The Wall Street Journal on Sun Dec 13, “Bitcoin enthusiasts agree the digital currency hit a record recently. “, “Bitcoin and hundreds of other cryptocurrencies trade on independent exchanges around the world. “
JPMorgan says massmutual’s Bitcoin foray signals widening demand. According to Bloomberg Quint on Mon Dec 14, “Bitcoin has dipped after hitting a record at the start of December but remains in sight of the $20,000 level, which it has yet to reach. “, “At the same time, traditional investors like insurers and pension portfolios face regulatory hurdles relating to risk levels and liability mismatches, likely limiting how much they can put into Bitcoin, the JPMorgan strategists wrote.”
Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, “The largest have come from the region, with exchanges in North America getting net inflows of Bitcoin from other areas worldwide. “, “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’s cross above $20,000 is its second major milestone in recent weeks — the coin at the end of November reached a new high three years after setting a prior peak. “, “This “is the start of a new chapter for Bitcoin. “