Bitcoin, still by a long way the largest cryptocurrency by market capitalization, has been making up ground after being left in the dust by one of it's biggest rivals litecoin this week...
, has been making up ground after being left in the dust by one of it's biggest rivals, litecoin, this week.
The bitcoin price is now up more than 5% over the last 24 hour trading period, touching $8,720 on the Luxembourg-based Bitstamp exchange, andBitcoin has been rallying hard today after the litecoin price made significant gains over the last week.Bitcoin and cryptocurrency traders and investors have been closely watching the bitcoin price after litecoin, arguably the biggest rival to bitcoin and often known as"the silver to bitcoin's gold," has powered higher over recent weeks.
Litecoin has risen by more than 300% so far this year and is up a staggering 43% over the last month alone. Bitcoin, in comparison, is more-or-less flat over the last month,"If litecoin is indeed the leader, let's look out for a bitcoin breakout this week," said Mati Greenspan, senior market analyst at brokerage eToro, via
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
If Your Future Flights to Europe Feel More Cramped, Here’s WhyThe new Airbus A321LR could fundamentally change trips across the Atlantic. They could cost less, but at the expense of valuable seat space.
Read more »
Tony Hawk turned down a $500,000 royalty check in his 20s — here's whySkateboarder Tony Hawk turned down a buyout offer from Activision and his instinct paid off: His licensing deal ran for 16 years until 2015 and the Tony Hawk series generated an estimated $1.4 billion in sales worldwide.
Read more »
![Here's the Real Reason Why [SPOILER] Left 'The Bachelorette'](https://i.headtopics.com/images/2019/6/13/cosmopolitan/here-s-the-real-reason-why-spoiler-walked-out-on-hannah-b-and-the-bachelorette-1139049790384279553.webp?w=640)
Here's the Real Reason Why [SPOILER] Left 'The Bachelorette'Here's the Real Reason Why [SPOILER] Walked Out on Hannah B. and 'The Bachelorette'
Read more »
People in Boulder, Colorado are drinking their own pee—Here's why they shouldn'tOne member of the group washes her face and eyes in her urine every morning.
Read more »
Here’s How to Actually Have Good Posture (and Why You Should Care)Posture is essentially how you hold your body, and it can be really important for your comfort and health.
Read more »