Litecoin, Cardano see double digit gains as Bitcoin nears $7,000

11 May, 2019
by Richard Allen
Price Action
Litecoin, Cardano see double digit gains as Bitcoin nears $7,000

Buoyed by Bitcoin’s price pump, several top 10 altcoins are seeing double-digit gains. As Bitcoin nears the $7,000 mark, Litecoin, Bitcoin Cash and Cardano are leading the charge.

Bitcoin has shattered through multiple price levels over the last 48 hours. As it continues surging its way into a new 2019 high, it’s brought the total market cap to $205 billion and a dominance of 58.1% - levels not seen since December 2017.

On the back of Bitcoin's incredible performance, Litecoin is surging ahead with gains of 12.05%, bringing the value of LTC to $85.26 at the time of writing. Bitcoin Cash is coming in at a close second with 11.12% in the green. BCH is now trading at $318.09 while Cardano hits $0.70, an increase of 10.63% over the last 24 hours.

LTC/USD chart provided by Tradingview 

Other notable earners include Ethereum and EOS, spiking 9.25% and 8.99% to $188.89 and $5.27 respectively.  

Further down the list, Tezos is seeing gains over 10.66%, bringing the value of XTZ to $1.25 while Ontology’s spike of 10.30% brings the value of ONT to $1.18. NEM is also showing solid growth. Up 10.63%, XEM is currently trading at $0.05.

The overall winner is Aurora with an impressive surge of 18.57%. While there are very few losers, the project to take the biggest hit is Arcblock tanking 22.15% at the time of writing.

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