Ethereum (ETH)

The cryptocurrency market is rebounding today, after a brutal couple of weeks on the market. Ethereum (ETH), Litecoin (LTC), and Monero (XMR) are among the coins making the biggest surge this morning.

Recently, the market hit its year-low, and many of the coins reached their yearly lows as well.

Let’s take a closer look at these three coins and their latest developments.

Ethereum (ETH)

Ethereum, the second-largest cryptocurrency by its total market cap, hit its year-low this week, sinking below $180. ETH hadn’t been under the $180 price point since late June of 2017.

Developers are steadily working on solutions to improve the scalability of the Ethereum ecosystem, but no solution has yet to be proven extremely effective. However, these things take time. Rome wasn’t built in a day, after all.

At press time, Ethereum is trading at $204.12 a coin, up 18.22% in 24 hours. It remains unclear what specifically boosted the price of ETH.

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Litecoin (LTC)

Litecoin, the seventh-largest cryptocurrency by its total market cap, also hit its year-low price this week. However, LTC has received a boost this morning and is currently seeing percentage gains above 10%.

Next Monday, Bittrex will be launching the LTC/USD trading pair. The US-based cryptocurrency exchange announced this yesterday, and this very well may be the cause of Litecoin’s price lift. Bittrex also announced the USD and TRON (TRX) pairing group, and TRX is currently seeing a price lift above 14%.

At press time, LTC is trading at $54.49 a coin, up 10.45% in 24 hours.

>> Morgan Stanley Bitcoin Derivatives are Ready to Go

Monero (XMR)

Monero, the ninth-largest cryptocurrency by its total market cap, is also seeing a boost this morning. However, it remains unclear why the price of XMR has boosted.

It may just be that investors are riding the green wave and diversifying their portfolios.

At press time, XMR is trading at $113.69 a share, up 12.30% in 24 hours.

Where do you think Ethreum, Litecoin, and Monero will go from here?

Featured Image: Depositphotos/© Syda_Productions

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bitcoin
Bitcoin (BTC) $ 61,922.00
ethereum
Ethereum (ETH) $ 3,740.27
binance-coin
Binance Coin (BNB) $ 477.11
tether
Tether (USDT) $ 0.999381
cardano
Cardano (ADA) $ 2.12
xrp
XRP (XRP) $ 1.08
solana
Solana (SOL) $ 156.17
polkadot
Polkadot (DOT) $ 40.74
dogecoin
Dogecoin (DOGE) $ 0.253779
usd-coin
USD Coin (USDC) $ 0.99988
USD
EUR
GBP
bitcoinBitcoin (BTC)
$ 61,922.00
ethereumEthereum (ETH)
$ 3,740.27
tetherTether (USDT)
$ 0.999381
bitcoin-cashBitcoin Cash (BCH)
$ 603.58
litecoinLitecoin (LTC)
$ 182.29
bitcoinBitcoin (BTC)
53.385,12
ethereumEthereum (ETH)
3.224,62
tetherTether (USDT)
0,861601
bitcoin-cashBitcoin Cash (BCH)
520,37
litecoinLitecoin (LTC)
157,16
bitcoinBitcoin (BTC)
45,050.55
ethereumEthereum (ETH)
2,721.18
tetherTether (USDT)
0.727087
bitcoin-cashBitcoin Cash (BCH)
439.13
litecoinLitecoin (LTC)
132.62

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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin61,865 0.66 % 1.39 % 13.07 %
Ethereum3,738.8 0.85 % 2.07 % 8.97 %
Binance Coin477.30 0.35 % 2.26 % 18.05 %
Tether0.9986 0.03 % 0.08 % 0.23 %
Cardano2.120 0.80 % 1.72 % 3.45 %
XRP1.080 0.71 % 3.65 % 4.77 %
Solana156.08 1.04 % 2.81 % 5.68 %
Polkadot30.87 2.19 % 17.29 % 10.73 %
Dogecoin0.2532 0.98 % 6.76 % 10.41 %
USD Coin1.000 0.14 % 0.20 % 0.17 %

bitcoin
Bitcoin (BTC) $ 61,922.00
ethereum
Ethereum (ETH) $ 3,740.27
binance-coin
Binance Coin (BNB) $ 477.11
tether
Tether (USDT) $ 0.999381
cardano
Cardano (ADA) $ 2.12
xrp
XRP (XRP) $ 1.08
solana
Solana (SOL) $ 156.17
polkadot
Polkadot (DOT) $ 40.74
dogecoin
Dogecoin (DOGE) $ 0.253779
usd-coin
USD Coin (USDC) $ 0.99988