Thursday, April 3, 2014

Market Update April 03, 2014 13:15 (LTC down 2.03% to $11.1)

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Bitcoin is currently up $7 (1.61%) in trading against the dollar today at $442.  BTC detractors continue to be proved wrong.    Bitcoin has been as high as $698 and as low as $410 over the prior 30 days.  This equates to 30 day volatility of 3.9%.  A quick review of Bitcoin historical prices show that BTC has closed higher than this price 29 of the last 30 days.  The virtual currency has been up as much as $14.4 today and down as much as $25 today.

 

Bitcoin's momentum was not enough to bolster Litecoin trading.  Litecoin is currently trading at $11.1 per coin.  This price is 2% lower than yesterday's close price.  Interday trading has seen prices as high as $11.35 and as low as $10.22.

 

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