litecoin [LTC] increases by 9.03%; Cardano [ADA] follows the lead, 8% peaks

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litecoin [LTC], silver to Bitcoin [BTC]Gold and the seventh largest cryptocurrency increase by as much as 9% amid the bear race, while Cardano [ADA] shoot of 8%.

Litecoin's prices in the one-day chart clearly show a ton of volatility influx, as prices are peaking. Litecoin started trading at ~ $ 32 on November 30th, 9:44 PM UTC, although prices have dropped in the next few hours to $ 31.47. This was followed by a rapid recovery that brought prices down to $ 32.34. The prices at this point took a last dive at $ 31.52 and then decided to shoot up to $ 34.64.

Source: CoinMarketCap

Litecoin's 24-hour trading volume is $ 445.77 million and ~ 21% [$102 million] of total trading volume comes from the DOBI stock exchange in the LTC / BTC trading pair. The DOBI exchange is followed by the OKEx exchange which contributes a total of 10.97% in total, with LTC / BTC and LTC / USDT trading pairs.

The prices of Cardano, the tenth largest cryptocurrency by market capitalization, began trading at $ 0.0384 at 21:49 UTC on November 30th, just like Litecoin, prices have taken a dip from this point and have reached $ 0.0380. The prices continued more or less the same until 1 December 13:24 UTC, post which started to turn prices and reached $ 0.0414. Prices have been corrected at this point and reorganized again to reach a maximum of $ 0.04174 at 9:44 pm on December 1st.

Source: CoinMarketCap

The volume of trade for a 24-hour period for ADA is $ 19.52 million, of which $ 10 million [~41%] is provided by the ZBG exchange with the ADA / USDT trading pair. ZBG is followed by Binance, which contributes 25.81% to the ADA / USDT and ADA / BTC trading pairs.


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Akash is your usual Mechie with an unusual interest in encryption and day trading, ergo, a full-time AMBCrypto journalist. He holds XRP because of peer pressure, but otherwise he found a day of trading with what little capital he owns.


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