Share this article
Altcoins Back on the Rise With Litecoin Leading the Charge
The crypto markets are once again back on the rise with litecoin (LTC) leading the way in the top 10 cryptocurrencies at CoinMarketCap.
Updated Sep 13, 2021, 11:12 a.m. Published Jul 19, 2019, 1:38 a.m.
The crypto markets are once again back on the rise with leading the way in the top 10 cryptocurrencies at CoinMarketCap.
The price of bitcoin jumped by more than $1,000 in the expanse of 30 minutes yesterday, with the rest of the market following suit, rising between 5-20 percent, while outperformed all other top 10 crypto by market capitalization.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
LTC is up 13 percent over a 24-hour period and is currently changing hands just above the $100 resistance at $100.72.
Top 10 at CoinMarketCap
For now, the broader markets are flashing green, a welcome sight for the bulls who managed to stem the bleeding across the board with BTC defending a key area above $9,000 at 11:00 UTC yesterday morning.
As a result names such as EOS, Binance Coin , Ether and are up between 7-12 percent respectively. Litecoin has been most involved with the rebound rally and is leading the pack by an extra 1.02 percentage points.
Hourly chart
As can be seen in the hourly chart above, LTC has resumed its previous price action, witnessed July 11 to July 14, which shows a rough $8 consolidation range.
Consolidation is the term for an asset or stock that is neither continuing nor reversing a larger price trend. Consolidated assets or stocks typically trade within limited price ranges and offer relatively few trading opportunities until a clear pattern emerges.
For now crypto traders can enjoy the temporary stop-gap offered from periods of consolidation to consider their next move as money continues to flow in and out of the markets.
Disclosure: The author holds no cryptocurrency assets at the time of writing.
Litecoin via Shutterstock; charts by Trading View
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Asia Morning Briefing: Bitcoin Drifts Near $89K as Traders Step Back and Balance Sheets Step In
FlowDesk sees fading post-Fed demand and low leverage, while Glassnode data show digital asset treasuries quietly resuming bitcoin accumulation in a range-bound market.
What to know:
- Bitcoin traded near $89,000 as liquidity thinned and demand faded following a recent Fed rate cut.
- Market caution persists with BTC and ETH retracing gains, while altcoins remain under pressure.
- Gold maintains near-record highs due to rate cuts and central bank demand, while Asian markets opened lower amid cautious investor sentiment.
Top Stories
