The cryptocurrency market surged over the past 24 hours, as all top 20 cryptos registered gains. As of the time of writing, two top 10 cryptos, EOSand Litecoin, showed double-digit gains, while Bitcoin was up more than 3%, nearing the $3,900 mark. The crypto market has now regained all of the losses seen last Monday, reaching a combined market cap of more than $130 billion, up from $125 billion.
Few top cryptocurrencies showed a huge gain over the past 24 hours, as Bitcoin passed a remarkable $17,000. Ripple surged more than 40% and Litecoin gained more than 30%, Ethereum gained further 18%, crossing the $600 mark, to add to its all-time high, while Dash 12%, crossing the $900, then made a slight correction to trade around $850 this morning.
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Bitcoin futures was the center of attention in the media yesterday, but Litecoin put a great show with the most impressive gains, It popped 50%, reaching an all-time high of more than $230 and a market cap of more than $13 billion, making it the 4th-largest cryptocurrency.
Continue reading “Litecoin skyrockets 50%”