The latest cryptocurrency news shows that aside from Bitcoin and its recent swing, there are many altcoins which we need to focus on because of their growth. TRON, Stellar and Litecoin are among them, as ones of the top 20 cryptocurrencies that have been rising overnight.
Stellar (XLM) has seen gains of more than 15% against the USD and has risen to the $0.17 mark. Litecoin (LTC) also saw a lot of green action lately and about 10% in the past 24 hours, rising to the $35 margin. Tron (TRX) was the obvious winner in terms of growth, securing a 25% increase overnight and coming closer to the $0.015 margin.
Litecoin price seems to have begun to pick up a new momentum. Despite the initial sell-off, a simultaneous price-rise in Bitcoin actually meant the market capitalization of the cryptocurrency rose during the same period.
Litecoin recovered and saw a significant increase of about $500 million over the entire 24 hour period, with more than $150 million of that against USDT. Monero and Zcash were the other altcoins that were rising over the past 24 hours, in a momentum from 10% to 16%.
No one knows if this rally will continue. However, we are seeing a good Thursday with a lot of green on the market and a stabilized trading volume.
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