We're seeing a slight bump in price, up 1.60% in the last 24 hours, currently sitting at $71.30. Interestingly, LTC has closed above its opening price about half of the time - 49.03% to be exact. Now, here's the thing: we're still a long way off from its all-time high of $388.80, which we saw about 3 years ago. In fact, we're down a whopping 81.66% from that peak. So, what's next? Will LTC continue to climb or is this just a temporary blip? Let's keep an eye on it and see how the market plays out!
Bitcoin has been hovering around the $28,000 level for the past few days. A consolidation after a strong rally is a positive sign as it shows that traders are holding on to their position, expecting a further up-move.
The latest data revealed that it was up by roughly 96% at its $1.06 press time price. Most of those gains occurred during the week and the coin continued on the same bullish trajectory on Friday. It was up by roughly 17% in the last 24 hours at press time.