• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
No Result
View All Result
NewsBTC
No Result
View All Result
Litecoin LTC
Nexo Logo

Crypto Market Update: Litecoin Lifted on Lightning Network Milestone

Martin Young by Martin Young
3 years ago
in Cryptocurrency news, Market Wrap
Reading Time: 2 mins read
Advertisement

FOMO Moments

Crypto markets immobile on Sunday; Litecoin leading, Cardano recovering.

There has been another slight pullback on crypto markets this Sunday as a range bound channel starts to form. Market capitalization has remained over $130 billion but only just, there has been very little movement over the weekend.

Bitcoin has retreated another percent or so on the day as it falls back to $3,830. It reached an intraday high of $3,900 but could not break resistance there and fell further back. Daily volume is just below $5 billion as Bitcoin continues to consolidate.

Ethereum has lost some of its recent gains by dropping 3.5% on the day and falling back below $155. ETH is still around $1.5 billion in market cap ahead of third placed XRP though which has remained at the same level over the past 24 hours.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

The top ten altcoins are pretty much all in the red except one. Litecoin is making a rare recovery while those around it have fallen slightly. LTC is currently up 7% on the day taking it over $35, as daily volume jumps from $400 million to $700 million. Market cap is now over $2 billion and rapidly closing in on Stellar which is only marginally ahead at the time of writing. The momentum comes a couple of days after OKEx announced a perpetual swap feature for LTC and ETH, additionally the Litecoin Lightning Network has just reached the 100 active node milestone;

The Litecoin Lightning Network has just surpassed 100 Active Nodes ⚡️#Litecoin #ltc #crypto #cryptocurrency #blockchainhttps://t.co/nxRVeH61MP

— Litecoin.com (@LitecoinDotCom) January 5, 2019

The rest of the altcoins in the top ten have not moved a great deal from yesterday’s levels, Tron has made a minor gain though.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

Cardano is the only crypto asset moving in the top twenty as it too adds 6% on the day. Neo has crept up 1% but the rest are falling back a percent or two with Iota taking the biggest hit of 3.5% loss on the day.

Sunday’s fomo pump goes to ODEM which has surged 45% at the time of writing. It is the only altcoins making double digit gains at the moment as the rest are sluggish. There are two cryptos dumping doubles in the top one hundred at the time of writing and they are REPO and PIVX, with MobileGo not far behind at a 9% loss.

Total crypto market capitalization has not changed a great deal over the past day or two. It currently remains at $131 billion, down 1.5% from the same time yesterday. A sideways channel has definitely formed since late December as markets bounce between $120 and $135 billion market cap.

FOMO Moments is a section that takes a daily look at the top 20 cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.

Tags: Asian trading sessionFOMOLightning networkLitecoinltc
Tweet123Share244ShareSend
Win up to $1,000,000 in One Spin at CryptoSlots
Martin Young

Martin Young

Martin is a Southeast Asia based info-tech, cyber security, and cryptocurrency analyst with 20 years working in web technology and media.

Related Posts

Solana

Solana (SOL) Stuck Below $33 In Past Days As Bearish Pressure Still Intact

1 hour ago
ViaBTC’s Sixth-Anniversary Events Come to a Successful End, Bringing Tens of Thousands of Users to a Crypto Carnival

ViaBTC’s Sixth-Anniversary Events Come to a Successful End, Bringing Tens of Thousands of Users to a Crypto Carnival

1 hour ago
Litecoin

Litecoin (LTC) Drops Below $50 After Consistent Bearish Squeeze

4 hours ago
Bitcoin

Bitcoin Struggles At $19K, Is $17K The Next Target?

5 hours ago
Cardano

Cardano At $0.45, Which Levels Are The Bears Aiming For?

8 hours ago
Dogecoin

Dogecoin (DOGE) Could Use Some Lift – An Elon Musk Tweet, Perhaps?

18 hours ago

Premium Partners

Top Brokers

PrimeXBT

PrimeXBT

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
7BitCasino

7BitCasino

Review · Visit
BC.Game

BC.Game

Review · Visit
Punt Casino

Punt Casino

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bspin

Bspin

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit
BC.Game

BC.Game

Review · Visit

Web3 Delight Lagos – Breaking barriers to pave the way for the digital future

July 4, 2022

LBank Exchange Will List DOTORI (DTR) on July 4, 2022

July 4, 2022

WorldPF (WDPF) Is Now Available for Trading on LBank Exchange

July 4, 2022

MetaBitcoin (MBTC) attracts investment from Dubai’s first royal crypto fund, Alawad Fund

July 4, 2022

MicroNFT (MNT) Is Now Available for Trading on LBank Exchange

July 4, 2022

ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Crypto Prices from Nomics

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2021 NewsBTC. All Rights Reserved.

  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play Games
  • Bet & Win

© 2021 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.