Litecoin On Bullish Momentum: 5.56% Up In The Last 6 Hours

Fibo Quantum

Litecoin is currently on bullish momentum. At 04:03 EST on Wednesday, 17 February, Litecoin is at $220.71 and up by 5.56% in the last 6 hours.

Litecoin Range

Over the last six hours, Litecoin’s higher value was $220.71 and the lower value was $204.40.

Over the last twelve hours, Litecoin’s higher value was $220.71 and the lower value was $204.40.

About Litecoin’s daily lows, it’s 8.308% up from its trailing 24-hour low of $203.78

Concerning Litecoin’s yearly highs and lows, it’s 763.16% up from its 52-week low and 0% down from its 52-week high.

Volatility

Litecoin’s last day, last week, and last month’s average volatility was 1.38%, 4.72%, and 5.04%, respectively.

Litecoin’s last day, last week, and last month’s high and low average amplitude percentage was 9.81%, 12.19%, and 10.38%, respectively.

Last news about Litecoin

According to FX Empire on Sunday, 14 February, “Bitcoin Cash SV and Litecoin jumped by 12.77% and by 14.92% respectively to lead the way, with Chainlink rallying by 11.50%.”, “Binance Coin (-0.71%), Cardano’s ADA (-0.20%), Chainlink (-0.03%), Ethereum (-0.42%), and Litecoin (-1.01%) joined Bitcoin in the red early on.”

According to Business Insider on Sunday, 14 February, “And PayPal, which added Bitcoin, Ethereum, and Litecoin to its app last October, is seeing a big boost in engagement from crypto holders.”

According to FX Empire on Monday, 15 February, “Bitcoin Cash SV (+43.58%), Cardano’s ADA (+27.43%), Chainlink (+34.02%), Crypto.com Coin (+40.20%), Litecoin (+41.05%), Ripple’s XRP (+41.34%) also found strong support.”

According to FX Empire on Wednesday, 17 February, “Binance Coin (+0.03%), Cardano’s ADA (+1.13%), Ethereum (+0.08%), and Litecoin (+0.99%) also joined Bitcoin in positive territory.”, “Binance Coin (+0.07%), Litecoin (+0.85%), and Ripple’s XRP (+1.76%) joined Bitcoin in the green.”

News about Bitcoin

Bitcoin nears $50,000 as it reaches record in weekend action. According to Bloomberg Quint on Sunday, 14 February, “Bloomberg reported earlier that Morgan Stanley may bet on Bitcoin in its $150 billion investment arm, following news late last week that BNY Mellon plans to service cryptocurrencies for its clients. “

Bitcoin nears $50,000 as it hits a record in weekend action. According to Bloomberg Quint on Sunday, 14 February, “Bloomberg reported on Saturday that Morgan Stanley may bet on Bitcoin in its $150 billion investment arm, following news late last week that BNY Mellon plans to service cryptocurrencies for its clients.”

Bitcoin is nearing the $50,000 milestone after last week’s Tesla-fueled surged. According to Business Insider on Sunday, 14 February, “Tesla bought $1.5 billion in Bitcoin in January, prompting at 16% surge after the purchase was disclosed Monday morning. “, “Amid a renewed buzz around cryptocurrencies, Bitcoin is nearing the $50,000 milestone, a would-be record high. “

Bitcoin retreats after weekend rally to record of nearly $50,000. According to Bloomberg Quint on Monday, 15 February, “Signs that the financial industry may widen its embrace of Bitcoin fueled the weekend jump.”

According to Business Insider on Monday, 15 February, “Big inflows into the Grayscale Bitcoin Trust are a sign that institutional investors are increasingly interested in cryptocurrency, analysts say, as many firms’ rules prevent them from buying up the tokens directly.”

China’s cryptocurrency stocks left behind in Bitcoin frenzy. According to Bloomberg Quint on Monday, 15 February, “The recent surge in Bitcoin price may suggest that digital currency and digital-asset trading platform concepts will be the ones that attract all investors. “, “Global crypto stocks have surged as Bitcoin more than quadrupled in value over the past year, with the Elwood index tracking blockchain-linked shares hitting an all-time high this month. “

Bitcoin extends its rally to an all-time high close to $50,000. According to Bloomberg Quint on Tuesday, 16 February, “It’s important to remember that Bitcoin never moves up in a straight line,” said Antoni Trenchev, managing partner and co-founder of Nexo in London, one of the biggest crypto lenders. “, “In Canada, officials approved the first North American Bitcoin exchange-traded fund.”

Bitcoin jumps to $50,000 as record-breaking rally accelerates. According to Bloomberg Quint on Tuesday, 16 February, “After ending last year with a fourth-quarter surge of 170% to around $29,000, Bitcoin token jumped to $40,000 seven days later. “, “Optimism grew after Mastercard Inc. and Bank of New York Mellon Corp. moved to make it easier for customers to use cryptocurrencies, while Bloomberg reported Saturday that Morgan Stanley may add Bitcoin to its list of possible bets.”

Microstrategy raises Bitcoin bet with more convertible bonds. According to Bloomberg Quint on Tuesday, 16 February, “The enterprise software maker announced a $600 million convertible bond offering Tuesday, with the intention of adding to its Bitcoin stash amid a surge that pushed the price of the world’s largest cryptocurrency past $50,000 for the first time. “

Corporate cfos not planning to buy Bitcoin, gartner survey shows. According to Bloomberg Quint on Tuesday, 16 February, “Most financial executives, including chief financial officers, are not planning to invest in Bitcoin as a corporate asset this year, according to a Gartner Inc. survey.”, “There are a lot of unresolved issues when it comes to the use of Bitcoin as a corporate asset. “

Bitcoin jumps to all-time high as cryptocurrency fever continues. According to Bloomberg Quint on Wednesday, 17 February, “There are a number of reasons why Bitcoin is soaring, but what stands out most is the trend that MicroStrategy started and Tesla popularised: moving institutional balance sheets into Bitcoin to hedge against inflation,” said Nicholas Pelecanos, head of trading at NEM.”

According to Business Insider on Wednesday, 17 February, “The UK’s Financial Conduct Authority said 199 firms – from Bitcoin ATM operators to online exchanges – had applied to register with it in the year to January after the watchdog tightened its supervision of the sector.”