Economy

Litecoin Market Cap Reaches $2.00 Billion (LTC)

Litecoin Market Cap Reaches $2.00 Billion (LTC)

BridgeCoin (BCO) traded 3.3% lower against the dollar and now trades at $0.41 or 0.00012144 BTC. Major coins are trading with a double-digit surge against the United States dollar and the top-10 saw another major re-shuffle, this time from a bullish wave.

Crypto markets are mostly green today, with Bitcoin (BTC) slowly edging close to the $4000 mark, and several large-market-cap altcoins seeing substantial gains, as CoinMarketCap data shows.

Yesterday afternoon, Bitcoin (BTC) started its sharp correction over the $3,450 level.

The world's largest cryptocurrency by market capitalization, bitcoin (BTC) is also flashing green.

Red hot Aguero's latest hat-trick moves him closer to Messi
Silva had weaved through the area to set up a gilt-edged opportunity but the Argentinian uncharacteristically poked wide. With the match over, it was Dean's time to shine when in the second half Cesar Azpilicueta fouled Sterling in the box.

With the overly bearish sentiment that has befallen the crypto markets since November 2018, many crypto traders and investors had prayed for and anticipated a sign that a market rise would happen soon. Whenever the value of Bitcoin (BTC) increases, the rest of the coins in the market will follow suit, and the same trend occurs whenever Bitcoin's price plunges. EOS has also fared well, with the coin being the second-highest gainer in the top-10 amassing a 15.03 percent rise against the U.S. dollar in the past 24-hours.

Cryptocurrencies are on fire for the first time in 2019 adding $10 Billion in market cap. Over the past month, XRP has lost about 16 percent of its value. One Litecoin coin can now be purchased for approximately $37.59 or 0.01089364 BTC on major cryptocurrency exchanges including Bitsane, Bitso, CoinBene and WazirX. The market cap of the digital currency is now $12.42 billion and its trading volume over the past day is $3.19 billion.

In all, the capitalization of the broader cryptocurrency market has appreciated roughly 9 percent in the last 24 hours, jumping from $112 billion to $122 billion to clock its highest valuation since January 20th. Binance Coin has followed up the mid-week surge that pushed it into the top-10 with another increase, this time pushing up the price by almost 10 percent to $8.67 and posting a market cap of $1.23 billion, a lead of just over $50 million against Bitcoin SV [BSV] in the eleventh spot. Over the past twenty-four hours, Litecoin (LTC) has seen a gain of more than 28 percent.

As at press time, Bitcoin is trading at $3,675 which is a big deal given that one could predict its price some days ago even without looking at a price chart. However, it is worth noting, that altcoins are riding the bullish wave, while Bitcoin legs behind as an initial jump above $3,400 in BTC/USD was quickly reverted.


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