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Home coins news Litecoin

Litecoin On Bullish Momentum: 13.19% Up In The Last 24 Hours

February 13, 2021
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Litecoin On Bearish Momentum: 8.08% Down In The Last 24 Hours
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Litecoin is currently on bullish momentum. At 09:03 EST on Saturday, 13 February, Litecoin is at $204.59 and up by 13.19% in the last 24 hours.

Litecoin Range

Over the last six hours, Litecoin’s higher value was $204.59 and the lower value was $195.63.

Over the last twelve hours, Litecoin’s higher value was $208.79 and the lower value was $195.63.

About Litecoin’s daily highs and lows, it’s 13.189% up from its trailing 24-hour low of $180.75 and 2.012% down from its trailing 24-hour high of $208.79.

About Litecoin’s yearly highs and lows, it’s 700.117% up from its 52-week low and 1.828% down from its 52-week high.

Volatility

Litecoin’s last day, last week, and last month’s average volatility was 6.90%, 4.48%, and 4.54%, respectively.

Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 11.96%, 10.75%, and 10.05%, respectively.

Last news about Litecoin

According to FX Empire on Wednesday, 10 February, “Bitcoin Cash SV (+13.22%), Chainlink (+8.61%), and Litecoin (+8.54%) trailed in spite of strong rallies.”, “Chainlink and Litecoin were down by 0.54% and by 0.80% to buck the trend early on.”

News about Bitcoin

Reddit user who leaked Tesla’s Bitcoin investment news was just high. According to Business Insider on Wednesday, 10 February, “A Reddit poster who claimed to be in the know of Tesla Inc’s (NASDAQ:TSLA) investment in Bitcoin (BTC) has confirmed that the information he made public on Jan. 2 was not true, the New York Post reported Tuesday.”, “What Happened: After Tesla made its Bitcoin investment announcement on Monday, attention turned to the Reddit post by the user TSLAInsider made five-weeks prior.”

Why a U.S. Bitcoin ETF could be a real thing in 2021. According to Bloomberg Quint on Wednesday, 10 February, “Because the amount of Bitcoin is finite, the fear is large holders would be able to move the market.”, “Yet with the world’s largest digital coin rallying to new heights and a change of leadership at the Securities and Exchange Commission, the prospect of a first U.S. Bitcoin ETF appears to be rising.”

Bitcoin declines in the wake of Tesla-inspired euphoria. According to Bloomberg Quint on Wednesday, 10 February, “While Bitcoin is gaining traction among big league financial players like Elon Musk — who announced Monday that Tesla added the token to its balance sheet — Wednesday’s losses underscore the speculative and volatile nature of the coin. “

Bitcoin is red hot. can it ever be green?. According to Bloomberg Quint on Wednesday, 10 February, “In 2018, BloombergNEF pegged the amount consumed by activities related to Bitcoin at 20.5 terawatt-hours of electricity a year. “, “While it uses lots of power, Bitcoin sucks up a tiny fraction of the electricity generated around the world. “

Bitcoin is not ready to go mainstream for these 3 reasons, the world’s largest wealth manager warns. According to Business Insider on Wednesday, 10 February, “Although Tesla might start using Bitcoin as a payment mechanism, this is different from actually pricing products in Bitcoin or retaining the Bitcoin received, actions that would be more consistent with mainstreaming it as a currency,” Haefele said.”, “Crypto mining and management can contribute to carbon emissions without improving living standards, since individuals or teams use computing power and specialized software to produce Bitcoin and Ethereum. “

Bitcoin holds gains from Tesla as Mastercard, twitter weigh in. According to Bloomberg Quint on Thursday, 11 February, “Even before announcing Tesla’s bet on Bitcoin, Musk said he was a supporter of Bitcoin on a social audio app and made multiple tongue-in-cheek references on Twitter to Dogecoin — a Shiba Inu-themed crypto started as a joke — sending prices soaring.”, “The unverified Twitter account “Wallstreetbets mod” posted a call to buy Bitcoin and marijuana…



Read More:Litecoin On Bullish Momentum: 13.19% Up In The Last 24 Hours

Tags: BullishHoursLitecoinMomentum

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