Home / Litecoin / Litecoin (LTC) and Tether (USDT) play Game of Catch in a green market, BTC Holding $ 4k

Litecoin (LTC) and Tether (USDT) play Game of Catch in a green market, BTC Holding $ 4k

The markets opened today with all the cryptocurrencies in the top 10 that show significant gains. Ripple (XRP) rose 14 percent to $ 0.37 with Bitcoin and Ethereum (ETH) of about 10 percent each. Bitcoin recently won the record of $ 4,000, a level that now seems to be keeping up with some force.

Previously, the controversial by-laws of Tether (USDT) briefly recaptured Litecoin (LTC) the seventh highest cryptocurrency by market capitalization. The push may have come on the back of the news that Tether's chief compliance office, Leonardo Real, has once again rejected the company's market manipulation allegations. The US Department of Justice (DoJ) recently reopened the investigation into the manipulation allegations during the December run last year that saw Bitcoin reach nearly $ 20,000 in value. The investigations were suggested by the release of a report by a University of Texas professor who indicated the potential evidence that the Tether token was used to falsely support the market at that time. However, Tether claims that two US accounting firms have shown that their assets are fully covered by dollar reserves and not subject to manipulation.

Following his brief run up to the eighth position, Litecoin reacted with spectacular gains of 14 percent a few hours ago and recovered his place to 7. Now he has a market capitalization of $ 1.85 billion to $ 1 , 79 billion USD.

Other two coins shoving for the position include Monero (XMR) and Cardano (ADA), who fought for most of November in ninth position. After having held the 9th position at the beginning of the month, Monero surrendered briefly to Cardano in the middle of the month only to resume his position this week. The current market capitalization of $ 966.75 million is only slightly higher than the $ 960.28 million of Cardano, and with both currencies up by about 8% today, there is a good chance that positions change soon.

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