Litecoin Price Surges Over $2, Bitcoin Price Up Too
Today's cryptocurrency price action (Sunday 25th January 2015) is dominated by a surge in the Litecoin price, at one point rocketing up to a high of $2.87 on the BTC-e exchange, before gliding back down to just over $2 at the time of writing. The Bitcoin price is also trading at the higher end of its recent range today, briefly breaking over the psychologically significant $250 barrier before dropping back down to the mid-240s. This rise in the value of BTC brings us almost back up to the level seen at the end of 2014, wiping out most of this year's losses. Reasons for the Litecoin Price....
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It's not just the price of bitcoin that's gone through the roof this week, the price of another cryptocurrency - litecoin - has rocketed too. Over the past three days the price of litecoin increased 395%, from $9.7 on 25th November to $48 at 12:00 GMT today, according to dc-charts.com, which is based on data from the exchange BTC-e. Since then, the price has dipped to a still-respectable $42.7 which, for reference, is what 0.04 BTC would cost you at the moment, according to the CoinDesk BPI. There are currently just over 23,424,790 litecoins in circulation, so the recent price increase has....
Litecoin price is gaining momentum above $65.00 against the US Dollar. LTC is likely to continue higher towards the $70.00 and $72.00 resistance levels in the near term. Litecoin remained well bid and surpassed the $65.00 resistance zone against the US Dollar. The price is now trading nicely above the $66.00 level and the 100 […]
Over the past seven days, eight of the top ten altcoins have decreased in price. Six of these, including the litecoin price, the Dogecoin price, and theDarkcoin price have fallen by more than 10%. CCN examines this altcoin price decline. Also read: Litecoin Price Fails to Recover From Bitcoin Price Panic. Litecoin Price Falls 11%. Litecoin investors may have thought the recent revelation of a security vulnerability within the Ripple protocol would have enabled Litecoin to reclaim the second spot on the market cap charts. However, the litecoin price has been in decline as well, falling 11%....
Last week, the litecoin price fell 11% amid widespread altcoin decline. Since then, the litecoin price has not improved-but it has not gotten worse either. The litecoin price maneuvered the ups and downs of the altcoin market to remain relatively stable from October 11-18. Also Read: Litecoin Mining Pools Receive Help from KNC to Improve Titan Hash Rate. Litecoin Price Holding Steady After Dip. On October 11, the litecoin price was still reeling from a weekly decline that had dropped the coin's value from ~1,150,000 satoshis to 1,034,500. The decline continued until October 13, when the....
Litecoin, in recent weeks, has been the cause of some speculation. A price drop in the litecoin world was experienced that saw the currency hovering at around $1.20 and then $1.80. Now, there has been a bit of a surge in the litecoin price that suggests that a $2 price in the near future may not be out of bounds. As digital currency enthusiasts, I suppose we must all be grateful for every little step forward. Yet in July of last year, litecoin held a price of around $7. Following a drop in bitcoin price that naturally also affected fellow altcoins (litecoin amongst them), the litecoin....