bitcoin.info Crushing it: #Stellar, Litecoin, #Monero, & #Zcash Post Major Gains as #Crypto Market Rallies
A few of the top 15 cryptocurrencies saw notable increases over the past twenty-four hours. Stellar saw a gain of 15% against the US dollar, with 22% of its volume being against #USD or USD-pegged #cryptocurrencies themselves – meaning these gains are realistic, not just figurative. Litecoin gained over 13% against the dollar while Monero jumped nearly 16%, and Zcash was hot on its heels.
Stellar Price up 15%
Stellar (XLM) price is up 15% against the dollar, with a 3% gain in Bitcoin valuation, over the last 24 hours. The cryptocurrency saw a 24-hour volume of almost $100 million in trading, with a gain in overall market capitalization roughly equal to that.
According to CoinMarketCap, trading against USDT accounted for roughly almost 22% across twelve markets. Notably, the most trading in a single pair happened at an exchange outside of Binance — namely, Exrates, — although overall trading did have a plurality at Binance with 18% between XLM/BTC and XLM/USDT.
Litecoin Price up 13%
Litecoin price seems to have begun to pick up around 22:00 CST last night, with an initial sell-off worth about 20,000 Satoshis per token happening for the next couple of hours. A simultaneous price-rise in Bitcoin actually meant the market capitalization of the cryptocurrency rose during this same period. Then, around 1:45 AM CST, demand seems to have to picked up and the price was on the rise yet again with 13% increase on the LTC/USD pair.
Litecoin only recovered about half its BTC value in the rebound trading, but in terms of USD it saw a significant increase. Overall volume was about $500 million over the entire 24 hour period, with more than $150 million of that having been done against USDT. Trading against PAX and USDC combined was less than $100,000.
Monero Price up $8
Privacy coin Monero, which has a small infinite inflation and a current supply of about 16.6 million, gained roughly $8 in US dollars over the 24-hour period, with $20 million traded across all exchanges and pairs.
0 51 hours ago
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