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Litecoin On Bullish Momentum: 13.57% Up In The Last 24 Hours

ViaNews Editorial Team

December 20, 2020

Litecoin On Bullish Momentum: 13.57% Up In The Last 24 Hours

Litecoin is currently on bullish momentum. At 01:03 EST on Sun 20 Dec, Litecoin is at $120.35 and up by 13.57% in the last 24 hours.

Litecoin Range

Over the last six hours, Litecoin's higher value was $120.72 and the lower value was $117.11.

Over the last twelve hours, Litecoin's higher value was $123.38 and the lower value was $117.11.

Regarding Litecoin's daily highs and lows, it's 13.57% up from its trailing 24-hour low of $105.97 and 2.456% down from its trailing 24-hour high of $123.38.

Regarding Litecoin's yearly highs and lows, it's 370.669% up from its 52-week low and 2.755% down from its 52-week high.

News about Bitcoin

Bitcoin extends record-setting rally, surpassing $21,800. According to Bloomberg Quint on Thu Dec 17, "Bitcoin extended a record-breaking rally, taking the world's largest cryptocurrency past $21,800 for the first time.", "Bitcoin has more than tripled this year, a surge that's polarized opinion. "

Bitcoin tops $22,000 and strategists say rally has further to go. According to Bloomberg Quint on Thu Dec 17, "Bitcoin and the wider Bloomberg Galaxy Crypto Index have both more than tripled this year. ", "He sees the price ratio of Bitcoin-to-gold headed for 100, if history is repeated, from its current level of around 12."

Bitcoin hits new all-time high above $23,000, extending its wild 2020 rally. According to CNBC on Thu Dec 17, "Bitcoin later pared back its gains slightly, trading over 8% higher at about 22,600 by 6 a.m. ET.", "Bitcoin only just smashed the $20,000 mark on Wednesday."

Quants ride into crypto wild west in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, "Cambrian Asset Management, whose executives hail from the likes of Millennium Management and Winton Capital, is also hoping some downside protection will help the firm lure Bitcoin-curious family offices and institutions.", "Trend-following, for example, is built on the notion that humans have a tendency to follow the herd in everything, from single stocks and oil to Bitcoin futures."

Bitcoin is up 200% this year. investment pros say the price could reach $400,000. According to MarketWatch on Thu Dec 17,

Bitcoin exchange coinbase files for initial public offering. According to The Wall Street Journal on Thu Dec 17,

Popular crypto exchange coinbase files confidentially to take itself public as Bitcoin price soars to record above $23,000. According to MarketWatch on Thu Dec 17,

Largest U.S. cryptocurrency exchange coinbase files for IPO as Bitcoin soars past $23,000. According to CNBC on Thu Dec 17, "Bitcoin has garnered much attention from investors lately, and Paul Tudor Jones and Stanley Druckenmiller are among those who have come out in favor of the cryptocurrency. "

How to invest in Bitcoin: the major ways to buy, their pros and cons, and the strategies to consider. According to Business Insider on Fri Dec 18, ""The best argument for Bitcoin's future success is the same argument long used for gold, diamonds and collectibles: It has been designed to have a limited supply and cannot be counterfeited," says Bob Fitzsimmons, the executive VP of Fixed Income, Commodities, and Stock Lending at Wedbush Securities.", "Start small, rather than big: Given its short history and still highly unpredictable behavior, it's usually wise to keep your initial investment in Bitcoin relatively limited. "

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, ""That's a signal from a well-established financial institution that there's more to crypto than Bitcoin," he said.", ""Ethereum is more flexible than Bitcoin. "

Crypto FOMO makes even a 350% premium on Bitcoin look appealing. According to Bloomberg Quint on Sat Dec 19, "The premiums showcase "overwhelming investor demand to obtain Bitcoin exposure through means other than direct ownership or via crypto exchanges," said Nate Geraci, president of the ETF Store, an investment advisory firm. ", "Neither vehicle allows for redemptions, meaning that a fixed number of shares are issued, though secondary offerings are allowed by GBTC for institutional investors who contribute Bitcoin. "

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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