Litecoin Price Leaps 30% to New All-Time High

Litecoin price leaped by nearly a third on Monday, raising the sixth-largest cryptocurrency to a new all-time high.

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On Saturday, litecoin topped $160 for the first time, but Sunday brought a minor halt to the rally, and the litecoin price slid below $125.

However, bolstered by bullish sentiment among futures traders, the cryptocurrency markets posted a comprehensive advance on Monday, and litecoin has been among the day’s top performers. On Bitfinex, the litecoin price touched $185 for the first time, representing a single-day rally of more than 30 percent.

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