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Litecoin Reaches At $53 As Bitcoin Extends Gains Towards $11,000

The bitcoin [BTC] family is basically taking over the market emotions as the king cryptocurrency heads over to the $11,000 area.


Meanwhile, Litecoin [LTC], the most similar cryptocurrency to bitcoin leads the top gainers with a percentage gain around 9.27% over the last 24 hours as Bitcoin Cash [BCH] tries to nurture the common touch with a 7.05% rise.

In today’s market watch, we present a series of cryptocurrencies set aside as a matter of interesting market motion and price history.

#1. Litecoin (LTC 9.29% Gain):

Litecoin is the 8th cryptocurrency by market cap but comes first on our list of top gainers today with around 9.3% gain. 

The coin gained extensively for the second time this week and appears to be striding forward for additional profits in the future. 

With about 71% market positiveness, LTC is likely to wipe out the $55 level quickly than expected. 

Now, LTC is trading against USD at $53 having lost about 50% since last year. It’s market cap has increased to around $3.1 billion while weekly gains hover around 15%.

#2. Bitcoin Cash (BCH 8.15% Gain):

Bitcoin Cash comes second on today’s list of gainers with an 8.15% gain.

The top cryptocurrency has a fairly good market sentiment with around 80% of market respondents staying positive about BCH.

Within the last year, the coin is down 11.3% while the one month timeframe looks bullish at 24.8%. Within the last two weeks, Bitcoin cash gained around 16.5% but has lost 0.7% in the last hour. 

BCH is currently changing hands at $269.02 with further upside possible in the short term. 

#3. Bitcoin (BTC 6.45% Gain):

Bitcoin is the third coin on the list of top gainers today. Although the cryptocurrency, according to CoinMarketCap continues to be the top crypto by market capitalization, its earnings since yesterday is less when correlated to its top competitors.

Bitcoin’s market conceptions stays highly bullish with roughly 87% interested in additional profits as the trading day matures.

Bitcoin has been able to double up gains collected since the last day. At the moment, BTC is up 6% in the 1-year timeline and also gained 11% within the last week.

The coin is currently changing hands at $10,940 amid a $199 billion market cap.

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Dare Shonubi

Certified cryptocurrency expert and Blockchain journalist covering crypto market analysis and general Blockchain adoption and development.

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