Stellar, Litecoin, Monero, & Zcash Headline Major Crypto Market Rally

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Some of the first 15 cryptocurrencies recorded notable increases in the last twenty-four hours. Stellar has seen a gain of 15% against the US dollar, with 22% of its volume against cryptocurrencies with a pledge of USD or USD, which means that these gains are realistic, not just figurative. Litecoin gained over 13% against the dollar, while Monero rose by almost 16% and Zcash started cheering.

Stellar

Stellar (XLM) has increased by 15% against the dollar, with a 3% increase in the Bitcoin rating in the last 24 hours. The cryptocurrency has seen a 24-hour volume of almost $ 100 million in trading, with a gain in the overall market capitalization roughly equal to that.

According to CoinMarketCap, trading against the USDT accounted for about 22% in twelve markets. In particular, most of the negotiations in a single pair took place in an exchange outside of Binance – namely, Exrates, – although overall trading had a plurality in Binance with 18% between XLM / BTC and XLM / USDT.

litecoin

Litecoin seems to have started collecting around 22:00 CST last night, with an initial sell-off worth about 20,000 Satoshis for tokens occurring for the next two hours. A simultaneous price increase in Bitcoin actually meant the market capitalization of the cryptocurrency increased during the same period. Then, around 1: 45 in the morning, demand seems to have increased and the price was still rising, with a 13% increase in the LTC / USD pair.

Litecoin only recovered about half of its BTC value in rebound trading, but in terms of USD it saw a significant increase. The total volume was around $ 500 million for the entire 24-hour period, with over $ 150 million of what was done against the USDT. Trading against PAX and USDC combined was less than $ 100,000.

Monero

Monero's Privacy Coin, which has a small endless inflation and a current offer of around 16.6 million, earned about $ 8 in US dollars over the 24 hours, with $ 20 million traded on all bags and couples.

The overwhelming majority of the Monero trade – 94% – took place on the Korean Bithumb against the Korean won. XMR / KRW was the second most active market on the 24-hour exchange, during which it traded almost $ 2 billion overall.

Zcash

The Zcash chart (ZEC) is perhaps the most interesting of the group, with a simultaneous 24-hour increase in both the market capitalization and the USD price, but a decline in the actual assessment of the BTC-for-token.

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ZEC / USD | Binance

The price has risen by about $ 11 compared to 24 hours before 8:00 CST, earning about $ 64 million in the overall market capitalization, with over 30% of its trading in the Ether market in an exchange called Lbank, and another 8% of the total volume that occurs at the same plant against BTC. Another 22% of the volume took place at the same exchange exchange of Monero, Bithumb, also against KRW. Thus a total of 60% of the ZEC volume occurred in three currencies on two markets.

ZEC USDT trading accounted for just over $ 20 million of the total volume of $ 198 million, with most of what also happens at Lbank – that single pair representing almost 5% of total volume. Collectively, Lbank accounted for $ 118 million of the 24-hour volume on ZEC.

Shutterstock foreground image. TradingView Charts.

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