Crypto Markets Are Stable: BTC At $11,800 And LTC With 12% Gains

This Saturday, the latest cryptocurrency news show that the crypto markets are stable. While Bitcoin is trading at $11,800 with a minor loss at below 1% and Ethereum also lost 0.30% on the day, the markets are idle and without bigger moves.

In fact, the coming altcoin news show a massive 12% surge in the top 10 crypto – recorded by Litecoin (LTC). As markets are stable and quite idle, Litecoin is making big moves and is now trading at $133.75, gaining a lot on the day.

The sudden $1,400 flash crash for Bitcoin on Wednesday seems to still have its roots here. Bitcoin had continued to sink all the way to $10,380 on Thursday but has since then gained $1,000 and is currently seeing a recovery on the day.

The altcoin news also show Ethereum being stable trading at $305. It seems like Ethereum (ETH) was able to keep its momentum above $300 which was a major psychological point for a lot of time. Ether has for the most part been cruising slightly above this mark since it achieved it last Friday.
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As far as other top altcoins are concerned, the fact that the crypto markets are stable do not stop some coins from sinking. One of them is Bitcoin SV (BSV), which managed to lose 4.6% on the day and is now trading at $210.

A big gainer in the top 20 altcoin list and a cryptocurrency featured in a lot of best cryptocurrency news sites is Chainlink (LINK). As we reported a couple of days ago, the new partnership allowed LINK to surge a lot over the past few days. Today only, the coin surged by 83.95% to a new price of $4.54.

The massive increase of Chainlink (LINK) puts it in the featured coins in the crypto currency news. Besides it, the rest of the crypto markets are stable and without major traction. In the top 30, another altcoin with gains is Quantum (QTUM) which managed to add 10% to its price and is now trading at $5.48.

At press time, the total cryptocurrency market cap is at $338 billion with a 24 hour volume of almost $92 billion. The crypto markets are stable and the BTC dominance is high again at 62.1%.