The cryptocurrency market has hit a bit of a stride today. Yesterday it stood a bit stagnant, as Litecoin (available on Coinbase) propelled above the rest. The total market cap for all cryptocurrencies has hit over the $460 range, which is the highest it has been in the last two weeks. There could be several reasons as to why the market has suddenly taken a bullish turn – let’s explore.

Litecoin (available on Coinbase)

Just recently, Litecoin (available on Coinbase) announced the launch of LitePay, the payment infrastructure for Litecoin (available on Coinbase). In the evening on the 12th, LitePay Inc. tweeted the official launch of LitePay finally set for February 26th. News must have reached mainstream yesterday, as Litecoin (available on Coinbase) was the only major cryptocurrency that was seeing significant gains. Litecoin (available on Coinbase)’s boost may have propelled the market.