Pro-Crypto Democrat Jonathan Herzog Running for US Congress

5m
cryptonewmedia

Bitcoin Price and Technical Market Analysis June 3rd, 2020

17m
bitcoinnews

Litecoin Signaling Fresh Increase To $50: Here’s How It Could Refuel Bitcoin

22m
newsbtc

California’s early shelter-in-place order may have saved 1,600 lives…

41m
cryptonewmedia

Craig Wright Refutes Tulip Trust Fabrication

41m
cryptonewmedia

Bitcoin Stares at Another Big Plunge as Mining Difficulty Hints Dropping 10.25%

1h
bitcoinist

Marathon Installs 700 New Bitcoin Mining Rigs as Competition Heats Up

1h
beincrypto

Bitcoin, gold most likely assets to thrive in 2020, new report claims

1h
tokendaily

Vodafone Enlists Blockchain Nonprofit for Tracking Renewable Energy…

2h
cryptonewmedia

Marathon Patent Group Announces Installation of 700 M30S+ ASIC Miners…

2h
cryptonewmedia

Podcaster Joe Rogan Uses Crypto-Powered Brave Browser

2h
cryptonewmedia

Technicals Suggest Bitcoin Needs To Clear $9,800 For Hopes of a Fresh Rally

2h
newsbtc

US Regulators Target Bitcoin ATMs: 88% of the Funds Exit the Country…

2h
cryptonewmedia

Vodafone Enlists Blockchain Nonprofit for Tracking Renewable Energy Use in Europe

2h
cryptonewmedia

‘Crypto Mom’ Nominated to Serve as SEC Commissioner Until 2025

3h
cryptonewmedia

Market Wrap: A Bitcoin Lull as Stocks Signal Economic Optimism

4h
cryptonewmedia

US Regulators Target Bitcoin ATMs: 88% of the Funds Exit the Country via Machines

4h
thebitcoinnews

How Germany Saved Its Workforce From Unemployment While Spending Less…

4h
cryptonewmedia

Spanish Multinational Launches Free Tool to Decrypt Files Affected by VCryptor Ransomware

4h
cryptonewmedia

Why the Bitcoin Price Will Double to $20,000 in 2020

5h
cryptonewmedia

Why an Eerily Accurate Analyst Still Expects Bitcoin to Retrace To the $7ks

5h
newsbtc

Analyst Claims “All Bets are Off” Once Bitcoin Breaks $10,500; Here’s What the Charts...

5h
newsbtc

Bloomberg Analyst: Why the Bitcoin Price Will Double to $20,000 in 2020

5h
bitcoinist

9656 an Early Hurdle for BTC/USD: Sally Ho's Technical Analysis 4 June 2020 BTC

5h
cryptodaily

Argo’s Mining Revenue Dips After Bitcoin’s Halving

5h
cryptonewmedia


Litecoin bounces back with a near 10% rally after previous down day

coininsider

1yr ago

Since yesterday, the top five cryptocurrencies — Litecoin, Bitcoin, Bitcoin Cash, Ethereum, and Ripple — have gone up 1.5% in aggregate. The best performer of the bunch was Litecoin, which went up 9.93%. As for the worst performing crypto out of the Big Five, yesterday that was Bitcoin; it came in at down 3.54%. Out of the five coins observed here, three cryptocurrencies were up — which is a mixed sign for the crypto sector as a whole.

Litecoin had an especially unusual move, in the sense that the move was much larger than its normal daily trading range. What caused this move might be worthy of further investigation. Traders may also wish to bear in mind the following events going on regarding current price patterns:

Ethereum had more transactions recorded on its chain yesterday than any other coin; to be precise, it had about 48% more transactions recorded than Ripple, which was the runner up for the day in terms of transactions recorded. Ethereum’s transaction fee is greater than Ripple’s transaction fee; in and of itself, this may imply consumers are opting for Ethereum in spite of its higher fees. The largest transaction in the cryptocurrency space yesterday, coming in at a value of $359,224,960 occurred on Bitcoin’s chain. Bitcoin has the smallest average-to-median fee ratio, which suggests that fees for transactions do not grow much as transactions get larger — and thus may be part of why Bitcoin is able to attract large transactions to its chain.

Article by SixJupiter

Regarding any copyrights issue, please contact us:content@hashbee.com.

0 comments