The climate of restraint on the cryptography market continues. Over the last 24 hours, Bitcoin and various Altcoins have tended to be in the top 20 by market capitalization, albeit slightly higher, but earnings are modest. For example, Bitcoin grew by more than 2% and Ethereum also gained 2.5%. The only really significant increase recorded in Litecoin. In 24 hours, the price of LTC has increased by about nine percent.
Litecoin back to 4th place in the crypto rankings
Litecoin is currently the most successful cryptocurrency among the top 20 companies. In the last seven days, even a price increase of more than ten percent has been achieved. This is all the more remarkable as most other Altcoins, as well as Bitcoins, have given way during this period. For example, the first three have all lost significantly. The price of the BTC fell by almost 10%, and Ethereum and Ripple even exceed 10%. Even more serious losses must accept EOS investors. The sixth largest market-cap cryptocurrency lost more than 18%.
Thanks to its positive trend, Litecoin returns to fourth place in the crypto rankings, leaving behind Bitcoin Cash. While LTC is targeting a market capitalization of $ 8 billion, Bitcoin Cash has fallen below $ 7 billion. The Litecoin cushion is quite comfortable with over 800 million dollars.
Nearly 450% have won since December
Currently, the price of long-term care is $ 126.5. Since mid-December of last year, Litecoin has recorded an outstanding price performance. Thus, the price in mid-December was still well above $ 23. Investors who then invested in long-term care can now expect growth of nearly 450%.
This is reminiscent of the gains of the big upward run of the fall of 2017. Nevertheless, the Litecoin must continue its progression for a while to reach again the level of its historical record. On December 18, 2017, LTC reached a high of $ 360.66.
Source: Photo of btckeychain