Popular Altcoin On The Rise
Bitcoin, the leader of
cryptocurrencies, kept its course stable by declining to $ 23,500 after AHT above $ 24,200 yesterday. While most altcoins did not rise significantly, the popular altcoin was on the rise. LTC set a new intraday high, seeing above $ 120.
Bitcoin fell to $ 23,500 after seeing above $ 24,000, which was the peak of its history. Some large volume altcoins like
Binance Coin and Litecoin have doubled their recent earnings; BNB climbed to $ 35 and LTC set a new annual record of over $ 120.
BTC Continues Its Steady Course
Bitcoin, which tested above $ 20,000 and then rose to an all-time high of about $ 24,000, paused its rise by showing signs of consolidation.
However, the short break quickly overshadowed, with a new record came yesterday. This time, BTC tested above the $ 24,000 level and identified a new AHT, hovering above $ 24,200.
After this record, the bears stepped in and dropped it to $ 23,100, causing BTC to decline by more than a thousand dollars. Also, the leading cryptocurrency has recovered some of its losses and is currently trading at $ 23,500.
Litecoin Takes Off
While some altcoins could not mimic the rise Bitcoin has recorded in the last 24 hours, Litecoin has doubled on its late night rise. LTC has gained about 15 percent since yesterday and hit the $ 124 level a few hours ago, marking the highest level of the year.
ETH, Ripple and Bitcoin Cash have been slightly green in the past 24 hours. Chainlink, Polkadot and Cardano suffered a slight decline in value.
Huobi Token gained 5 percent, Zilliqa 4.5 percent, NEAR Protocol 4 percent and FTX Token 4 percent. In contrast, REN OMG and Ontology recorded as the most coins with lost.
Source: Kriptoparahaber.com