The last three hours have been an exciting time for Litecoin (LTC) in the crypto markets. The digital asset has managed to increase in value from around $34 to current levels of $37.94 according to Coinmarketcap.com. This is a percentage increment of 11.5% in a very short time period.
LTC edges out EOS from the Number 4 Spot
Checking Coinmarketcap.com once again, LTC has edged out EOS from the number 4 spot. Approximately $72 Million in market capitalization separate the two digital assets.
Further looking at the King of Crypto, the value of BTC has steadily risen from ominous levels seen only yesterday that were below $3,400. Bitcoin is currently valued at $3,448. Many traders are optimistic of an exciting Friday for all digital assets in the markets.
2 Reasons Why LTC is Exhibiting Impressive Gains
To begin with, the Litecoin halving event that has been estimated to occur the 8th of August this year is meant to decrease the mining…
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John P. Njui