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Litecoin has flipped Shiba Inu in market cap today as the cryptocurrency has shown a strong performance of 13% gains during the last 24 hours. Litecoin Has Shown A Sharp Uptrend During The Past Day Most of the cryptocurrency market has struggled during the past day as assets have either registered declines or moved sideways.
Litecoin price (LTC/USD) has been on a bullish trend since March 11 despite slight pullbacks along the way.
Litecoin (LTC) has seen a surge in value, rising by over 9% in the last 24 hours and over 11% in the last week. The cryptocurrency is now on track to reclaim its previous highs prior to the Terra collapse.
In a general overview, at the moment the only crypto on the rise is Litecoin, while both Monero seems stable and Flow has had negative performance, as of the last 30 days.
It is Litecoin's turn to lead market momentum as the broader digital currency ecosystem slips into a more systemic bearish price correction. According to data from CoinMarketCap, Litecoin is trading at a price of $88.09, up 8.08% over the past 24 hours.
Litecoin started a steady increase above $78 against the US Dollar. LTC price is now trading above $85 and the 55 simple moving average (4-hours).
Litecoin (LTC), one of the oldest and most primitive cryptocurrencies after Bitcoin price has maintained a notable bearish trend for a long time. Despite being a ‘Lite version of Bitcoin' LTC price failed to grab the attention of the market participants and hence continues to trade within narrow ranges.
According to the Litecoin [LTC] halving tracker, the event would be held on 2 August 2023. But with 133 days to go, only a few things might be left as 90.78% of the blocks required have been produced.
The price of Litecoin (LTC) is falling as the upward correction fails to break the 21-day line SMA. The cryptocurrency price tested the 21-day line SMA three times before heading lower.
The reaction of the Litecoin (LTC) price to its previous pattern could determine the future trend.
Litecoin has experienced an unprecedented boom in price, following the broader market rally in the past few days. The price rally occurred even after the fear, uncertainty, and doubt brought about by the recent banking crisis that saw huge volatility in the equity market.
Litecoin started a fresh decline below the $80 zone against the US Dollar. LTC price is now trading below $80 and the 55 simple moving average (4-hours).
The meteoric rise of Shiba Inu has taken the cryptocurrency world by storm, and many investors are closely watching its progress. At the time of writing, Shiba Inu (SHIB) has a market cap of over $6 billion, whereas Litecoin (LTC) has a market cap of around $5.90 billion.
A look at prices and the latest news involving the crypto assets Litecoin (LTC), Ripple (XRP) and Ethereum (ETH), especially in view of the complicated market situation after the Silicon Valley Bank collapse. Below are the details.
On 13 March, the Litecoin Foundation revealed that Litecoin's [LTC] mining difficulty had reached a new all-time high. As its difficulty increased, Coinwarz's chart pointed out that the network's hashrate also registered an uptick over the last week.
With the banking sector suffering two major failures, blockchain investors may face a make-or-break moment in cryptos.
Halborn said that it will not release further technical or exploit detail, citing the severity of the issues.
Litecoin rose by as much as 15% in Tuesday's session, as markets reacted to the latest inflation report from the United States. Figures from the monthly Consumer Price Index showed that inflation has fallen to 6% in February, down from 6.4%. Dogecoin was also higher on the news, extending recent gains.
As cracks widen in the traditional banking sector, Bitcoin and crypto show strength in seizing the moment.
Litecoin (LTC) price is back in the uptrend after today's rise to a high of $82.45 for the cryptocurrency asset.
Several blockchains contain vulnerabilities under the collective term “Rab13s,” according to a report from blockchain security firm Halborn on March 13.
Litecoin (CRYPTO: LTC) and Polygon (CRYPTO: MATIC) are trading higher Monday afternoon. Shares of several popular altcoins trading higher amid broader strength in cryptocurrencies.
Litecoin was back in the green on March 13, as cryptocurrency markets rebounded to start the week. The token rose by as much as 15% in today's session, with the global crypto market cap trading nearly 10% higher. Ethereum classic also moved significantly higher.
The US Federal Reserve's intervention to protect depositors at Silicon Valley Bank (SVB) helped restore market confidence.
