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Litecoin On Bullish Momentum: 5.82% Up In The Last 6 Hours

ViaNews Editorial Team

December 18, 2020

Litecoin On Bullish Momentum: 5.82% Up In The Last 6 Hours

Litecoin is currently on bullish momentum. At 00:03 EST on Fri 18 Dec, Litecoin is at $106.97 and up by 5.82% in the last 6 hours.

Litecoin Range

Over the last six hours, Litecoin's higher value was $109.31 and the lower value was $101.09.

Over the last twelve hours, Litecoin's higher value was $109.31 and the lower value was $101.09.

In relation to Litecoin's daily highs and lows, it's 16.234% up from its trailing 24-hour low of $92.03 and 2.141% down from its trailing 24-hour high of $109.31.

In relation to Litecoin's yearly highs and lows, it's 318.342% up from its 52-week low and 4.61% down from its 52-week high.

News about Bitcoin

Fund managers see Bitcoin trade crowded as institutions jump in. According to Bloomberg Quint on Tue Dec 15, "And the investors have been large -- exchanges are sending 19% more transfers worth $1 million or more this year while Bitcoin's price has been above $10,000 compared with 2017 when it was trading above those levels, he said.", "Bitcoin's dizzying rally in 2020 has captivated the professional investing class."

Bitcoin surpasses $20,000 for first time amid dizzying rally. According to Bloomberg Quint on Wed Dec 16, "Bitcoin has almost tripled this year.", "Bitcoin has surged despite a severe crash in March that saw it lose 25% amid the coronavirus pandemic. "

Canada’s CI financial completes $72 million IPO of Bitcoin fund. According to Bloomberg Quint on Wed Dec 16, "The New York-based firm will also execute all Bitcoin trading on behalf of the fund. ", "The closed-end fund will invest directly in Bitcoin, with its holdings priced using the Bloomberg Galaxy Bitcoin Index, and is designed to measure the performance of a single Bitcoin traded in U.S. dollars. "

Bitcoin whale surfaces with $1 billion and alan howard’s backing. According to Bloomberg Quint on Wed Dec 16, "While gold also stands to appreciate in a world of debased currencies and inflationary fears, Peters thinks Bitcoin and Ether prices can far outpace that rise.", "He described executing his trades as inconspicuously as possible and finishing all the buying in November before Bitcoin hit $16,000."

Bitcoin tops $20,000 for first time. According to The Wall Street Journal on Wed Dec 16, "Bitcoin surged above $20,000 on Wednesday for the first time in its 11-year history, part of a furious rally that has seen the digital currency double since September."

Bitcoin price surges to fresh record above $20,000. According to MarketWatch on Wed Dec 16, "Bitcoin prices were trading at $20,339 according to CoinDesk data, up nearly 5% on the session, with gains for the digital asset supported by a flood of institutional investor attention on cryptos like bitcoin and other virtual currencies."

All aboard the billionaires’ Bitcoin bandwagon?. According to Bloomberg Quint on Wed Dec 16, "Now that Bitcoin has topped $20,000 for the first time, should you shift your hard-earned cash into digital currencies? ", "A study by the Kansas City Fed comparing bonds, gold and Bitcoin between 1995 and Feb. 2020 found that Treasuries behaved "consistently" as a safe haven, gold did so "occasionally" and Bitcoin got a "never.""

Crypto observers debate what’s next after Bitcoin hits record. According to Bloomberg Quint on Wed Dec 16, "For more insights, read the full conversation from the TOPLive panel: Bitcoin Q&A: What Next for Cryptocurrencies? ", "This time is different has been a recurring theme during the boom and bust periods of Bitcoin's little more than a decade long existence. "

Guggenheim’s scott minerd says Bitcoin should be worth $400,000. According to Bloomberg Quint on Wed Dec 16, "His comments came on the same day Bitcoin breached $20,000 for the first time, bringing its 2020 gain to 190%.", "As Bitcoin surges to record highs, Scott Minerd of Guggenheim Investments believes the world's largest cryptocurrency's fair value still has a ways to go."

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. ", "Here's what people in markets are saying about Bitcoin's move:"

Bitcoin hits new all-time high above $23,000, extending its wild 2020 rally. According to CNBC on Thu Dec 17, "Bitcoin only just smashed the $20,000 mark on Wednesday.", "Bitcoin hit a fresh record high above $23,000 on Thursday, extending a wild rally for the cryptocurrency that has seen it more than triple in value this year."

Quants ride into crypto wild west in the 500% Bitcoin comeback. According to Bloomberg Quint on Thu Dec 17, "Fragmented liquidity and a top-to-bottom trading range of more than 500% this year are proving both a friend and foe to exotic quants seeking to exploit the crypto Wild West -- without getting killed by Bitcoin's famous volatility.", "Florin Court, which trades a large number of assets in addition to Bitcoin, is up 0.9% this year, Greenig said."

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. "

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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