Ethererum, Monero, BCH and the majority of large capped digital assets on the other hand are not even close, indicating a potential flagging in longer term market confidence. Bitcoin is still trying to break higher but has taken a dive back down with the recent retracement in price despite coming within touching distance. What is perhaps more impressive is that despite the run up, only Litecoin appears to be making new hashrate highs. Then again, no one thought Bitcoin wouldВ fly past US$10,000 this year either.It has been an astonishingly bullish last few months for Litecoin and the crypto ecosystem, which has seen not only prices rise as a result, but network security in the form of hashrate with it.

Although a lot of people are holding out hope the Litecoin priceВ will surpass US$500 in the near future, it may not necessarily happen in 2017. When that happens, all of the proper currencies will get another healthy boost, and Litecoin will most likely be among them. ItвЂ™s a very bullish sign for the future that much is certain.ДЇor now, it seems it is only a matter of time until the total cryptocurrency market cap surpasses US$1 trillion. Once again, three fiat currency trading pairs are dominating LitecoinвЂ™s trading volume. Bitfinex is in second place, as its 24-hour volume hasВ inched ahead of BithumbвЂ™s by a few million dollars. This is a positive development, mind you, as fresh capitalВ must continually enter the cryptocurrency markets. It is uncanny how GDAX has had the highest Litecoin trading volume of any exchange over the past 24 hours. Slowly but surely, more and more cryptocurrency users are starting to hold onto their coins for the long termВ rather than flip them for small profits on a daily basis.В The latter approachВ involves a lot more stress and OCD, whichВ arenвЂ™t necessarily fun to deal with. Demand for this popular cryptocurrency is still very present, and it seems fewer people are willing to sell at the current price than before. With over US$1.86 billion in 24-hour trading volume, things are looking good for Litecoin. Big things are on the horizon for the cryptocurrency industry as a whole, and LitecoinВ will certainly have its part to play. Most LTC holders will be more than pleased if and whenВ that happens, although cryptocurrency markets will always remain unpredictable. With the current Litecoin priceВ sitting at just over US$320, it seems this value will be surpassed at some point in the near future. Then again, that is only to be expected, as all other cryptocurrenciesВ do the same thing.ДЇor now, LitecoinвЂ™s all-time high priceВ is just over US$331. Altcoins are losing far less of their value againstВ USD these days when Bitcoin moves up.В In particular, the Litecoin price seems to remain pretty stable during such swings, even though itsВ value relative to Bitcoin always takes a hit. That is pretty surprising, as the Bitcoin price decided to move up againВ over the same period. Over the past 24 hours, we have seen the Litecoin price hold its own at the US$300 level with relative ease. It all depends on whether or not Bitcoin breaks out again. Thankfully, the Litecoin price eventually rose back up to US$300, and it seems we may see a new all-time high in the coming hours and days. After the big dip to US$265 a few days ago, people werenвЂ™t too sure what the future would hold for this altcoin. Unlike what most people expected a few weeks ago, things are looking pretty good for the Litecoin price. With aВ value of US$320 right now, it is safe to say Litecoin will keep moving toward a market capitalization of US$20 billionВ over the coming weeks. We have seen some veryВ significant gains recently, and the altcoinвЂ™s price has recovered nicely after its recent dip. It seems the end of the yearВ will be solid for Litecoin holders.

Lite coin all time high