Share this article
Litecoin Prices Surge Above $70 as Crypto Market Tops $175 Billion
Gains have been made across many of the top cryptocurrencies today, with litecoin achieving a new all-time high.
Updated Sep 13, 2021, 6:53 a.m. Published Sep 1, 2017, 10:01 a.m.
The cryptocurrency markets continued to rise today as the asset class observed strong gains, including most notably, perhaps, litecoin.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The digital asset once dubbed "the silver to bitcoin's gold" passed $78 to achieve a new all-time high at 06:54 UTC this morning, according to CoinMarketCap data. Standing at $75.57 at press time, litecoin has increased by 17.28 percent over the past 24 hours and an astonishing 49.37 percent over the last week.
Long in the doldrums, litecoin has seen a resurgence since its community moved to activate Segregated Witness (SegWit) on its network early in May – a scaling solution that also opens the door to new features such as smart contracts going forward.
Once again, South Korean exchange Bithumb has seen the majority of the trading, hosting 22 percent of the litecoin volume in the last 24 hours. Chinese exchanges OKCoin and Huobi are close behind, with 18 and 14 percent, respectively.
While not yet close to its record high of over $0.40 set back in May, Ripple Labs' XRP token has also seen gains – rising 13.51 percent over the week to $0.25 today.
Dash and monero, too, have climbed this week, with press time prices at $382 (21.60 percent over seven days) and $140 (46.45 percent), respectively.
Taking a wider view, the combined market capitalization of all digital currencies attained a new record high today, and had passed $175 billion at press time. That's up from $170.8 billion just yesterday, also going by data from CoinMarketCap.
Disclaimer: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in Ripple.
Formation flying image via Shutterstock
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Bitcoin dips, but quickly recovers as U.S. captures Venezuela's Maduro
The U.S. overnight launched a military strike against Venezuela, capturing President Nicolas Maduro and his wife and extracting them from the country.
What to know:
- The U.S. captured Venezuelan President Nicolas Maduro and his wife after a brief military operation Saturday morning, according to President Trump.
- Crypto prices suffered a brief, modest drop on the first reports of the military action, but have since recovered.
Top Stories
