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Litecoin is again leading the cryptocurrency market today, rising 10% this morning to over $96. LTC is the best performer in the top 10.
Since February, Litecoin has constantly been the frontrunner of the crypto market. In almost every run up, LTC was the first top coin to make significant gains. In August this year, the Litecoin halving is coming, the decrease of the block reward from 25 to 12.5 LTC. A halving in both Litecoin and Bitcoin is usually preceded by a run up.
LTC/USD Chart provided by Tradingview
Next to Litecoin, Bitcoin Cash (9%), EOS (7.3%) and Binance Coin (7.5%) are also performing outstanding today. $BNB has set a new ATH of well above $33 following the hint of Binance that margin trading is coming soon.
The best performer in the top 20 is NEM, that is up 15%. In the meantime Bitcoin is trying to break $8000 again, currently trading at around $7985. Ethereum is back above $250 following a 6% growth over the last 24 hours.
BTC/USD Chart provided by Tradingview
Among the top gainers in the top 100 today are Theta Fuel (130% following Binance listing), Aurora (97%), aelf (40%0 and Orbs (30%).
$ltc pic.twitter.com/zrYZJzqDuE
— mocho17™® (@cryptomocho) May 24, 2019
Chart watch: #LTCBTC daily chart technicals teasing bullish reversal....
— CoinDesk Markets (@CoinDeskMarkets) May 24, 2019
Note that mining reward halving due in August pic.twitter.com/EKltbniOAA