Litecoin prices have surged this year. Is this a signal of a broader market rally?
Litecoin prices have climbed sharply this year, producing notable gains The cryptocurrency, which is very similar to bitcoin, reached $56.27 today, according toAt this point, the digital currency was up more than 84% since the start of 2019, having reached its highest level since October, additional CoinMarketCap data reveal.
"The harder an asset price falls, the steeper the rebound often is and that seems to be a factor in Litecoin's sharp gains this year," said With these market conditions in place, litecoin was well-positioned for gains, and this combined with some strong fundamentals to help propel the digital currency higher, said market observers.
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.
Permian oil output seen doubling to 8 million barrels in four years, boosting US exportsOil from the hottest US shale play has been caught in a bottleneck due to lack of pipeline capacity, but that's about to change. The new infrastructure will allow more US crude to be unleashed onto the world market.
Read more »
Chinese online retailers slash iPhone prices for second time this yearChinese online retailers slash iPhone prices for second time this year as Apple wrestles with a prolonged sales slowdown in the world’s largest smartphone market by horwitzjosh
Read more »
Wall Street's biggest bear suggests year-end price target is too lowWells Fargo's Christopher Harvey resists changing his 2019 price target because he sees near-term turbulence ahead.
Read more »
Analysis | The Trump team’s double standard on lyingIs it really bad or not a big deal to lie to investigators? Trump and Rudy Giuliani have been all over the map — even just this week.
Read more »
Milestone Vardy double gives Leicester 3-1 win over FulhamLEICESTER CITY 3 FULHAM 1
Read more »
Spacecrafts’ solar panels can serve double-duty as sailsA satellite operator in San Francisco now flies 120 Earth-imaging satellites which manoeuvre solely using air molecules
Read more »
Morata double keeps up 10-man Atletico's Barca chaseAtletico Madrid kept up their pursuit of La Liga leaders Barcelona with an Alvar...
Read more »
Athletics: Muir claims European Indoors double, Ingebrigtsen misses outBritain's Laura Muir won the women's 1500 meters to complete a Europea...
Read more »
Trump doubles down with Sean Hannity tweet amid new scrutiny of his ties to Fox NewsThe president does not seem fazed by a blockbuster report on his cozy ties to the conservative network.
Read more »