It is evident good things are happening in the world of cryptocurrency right now. With the Bitcoin price recovering pretty quickly, all of the altcoins pulling their weight will go up in value as well. With Litecoin headed toward US$103 again, things are looking very promising for the silver to Bitcoin’s gold.
In a lot of cases, a major price increase for a particular cryptocurrency is often followed by a steep retracement. However, the Litecoin price has increased by another 19.5% over the past 24 hours, pushing its value back over US$100. It is evident this uptrend will not stop anytime soon, although it remains to be seen how things will play out in the long run.
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