The cryptocurrency market is booming, as all but 4 coins in the top 100 are seeing gains today. Bitcoin (available on Coinbase) (BTC), the original cryptocurrency, has just broken above the $9,000 threshold. Litecoin (available on Coinbase) is among this morning’s biggest gainers with many others in the double-digit percentage gains category just shortly behind. Today’s spike in the market remains a mystery but it could be that individuals in the Western society might be buying crypto for their Valentines – maybe. Here’s an update on the coins.
Litecoin (available on Coinbase) (LTC)
Source: CoinMarketCap
Litecoin (available on Coinbase) was the top gaining coin on yesterday’s market and it seems to be continuing its climb today. Charlie Lee, Litecoin (available on Coinbase)’s founder, has just squashed all rumors of Litecoin (available on Coinbase) forks that might have propelled the price of the coin recently. Microsoft also announced that it is looking into using Bitcoin (available on Coinbase) (BTC), Ethereum (available on Coinbase) (ETH), and Litecoin (available on Coinbase) (LTC) for its blockchain-based decentralized IDs (DIDs). “Litepay“ the instant Litecoin (available on Coinbase) payment infrastructure will be launched on February 26th. This is HUGE news for Litecoin (available on Coinbase) and could propel the coin even further.
At press time, Litecoin (available on Coinbase) is trading at $207.94 a coin, up 31.28%, in 24 hours.