Litecoin has increased by 20% and for the first time since September 2019 approached $70

For the first time since the second half of September 2019 litecoin (LTC) was able to come close to $70. In January 2020 there is a steady trend to strengthen the position Aldona.

On Friday, January 31, the rate of LTC rose to $68, the market capitalization Aldona in the last 24 hours added almost 20% to us $3,345 billion.

LTC is growing this week with bitcoin. The largest cryptocurrency on the eve of the tested values above $9500, but then retreated somewhat in the correction. Many analysts predict a resumption of the rally after the consolidation, to the end of the week BTC should be closer to $10,000 or even to break this mark.

Litecoin rose to a four-month high due to the General strengthening of the market. In January, the coin went up by almost 65%, whereas bitcoin has gained just 30%.

Note that the first half of the last year LTC has been very successful cryptocurrency from January to June jumped more than 350%. While the rise was associated with the August alvingham (reducing rewards for miners).

However, the second half of the year proved disastrous for litecoin, at the end of December it dropped to $37.

Author: Vitalik

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