Litecoin Prices Surge Above $70 As Crypto Market Tops $175 Billion
Published on September 01, 2017 at 03:30PM
An anonymous reader quotes a report from CoinDesk: The cryptocurrency markets continued to rise today as the asset class observed strong gains, including most notably, perhaps, litecoin. The digital asset once dubbed “the silver to bitcoin’s gold” passed $78 to achieve a new all-time high at 06:54 UTC this morning, according to CoinMarketCap data. Standing at $75.57 at press time, litecoin has increased by 17.28 percent over the past 24 hours and an astonishing 49.37 percent over the last week. Long in the doldrums, litecoin has seen a resurgence since its community moved to activate Segregated Witness (SegWit) on its network early in May — a scaling solution that also opens the door to new features such as smart contracts going forward. Taking a wider view, the combined market capitalization of all digital currencies attained a new record high today, and had passed $175 billion at press time. That’s up from $170.8 billion just yesterday, also going by data from CoinMarketCap.
Read more of this story at Slashdot.
More Stories
‘My 401k Misses You’: Black Woman Pumped To Meet Donald Trump In Philadelphia – July 18, 2023 at 04:56PM
Energy Provider Warns of Impending ‘Crisis,’ ‘Blackout Conditions’ Driven By Biden Plans – July 18, 2023 at 04:20PM
Dog starts barking at cows crossing a bridge, so the cows stop to have a look. – July 17, 2023 at 02:27PM