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Over the past 24 hours, the digital currency market has recorded huge gains, with all major digital currencies, including Betcuen, Etheriom, Reebel, Bitcoin Cash and Light coin recovering in value.

Bitcoin and Ethereiom :

Bitcoin has gained 11% in its price, moving near the $ 10,000 barrier, which analysts often call a psychic threshold for the digital currency. As CCN has noted in the past, as the market tends to follow the direction of the Bitcoin in terms of large fluctuations, most of the major currencies have followed the upward momentum of the past 24 hours.

Since yesterday, the price of the Bitcoin has risen from $ 8,840 to $ 9,900, more than $ 1,000 overnight. Daily trading on the major digital currency platforms remained steady. Short-term momentum indicators, such as the MACD, showed a strong short-term momentum for protein. Since a huge sell-off in the $ 8,800 range, the price of the Pitcairn has shown strong momentum through huge selling volumes. The main phrase "Buy Bitcoin" is starting to grow on trading platforms and search engines like "Google". Since 14 February, the "Buy the Bitcoin" has increased from 26 points to 44 points, almost double.

The Rise of the Litecoin by 30%:

The Litecoin is the fourth-best performer in the market, after small initials such as WAX and Nebilo. The Litecoin has a 30 per cent rise in value, surpassing Cardano as the fifth largest digital currency on the market for the first time Since January.

While many reports suggest that the value of the Litecoin has increased due to the next major split. Where each holder will be rewarded for the Litecoin coin in the currency of the Litecoin Cash before Block 1371111, a currency that has been widely criticized by the community. Since this split encourages users to buy Lite Queen to get the Free Queen Cash bonus, other key factors have contributed to the recent rise of Lite Coin. For example, Lattice founder Kevin Charley Lee pointed out that the introduction of the "Coinbase Commerce" platform will allow traders to adopt the Lite Queen as well as other major digital currencies such as Bitcoin

The next split, coupled with the community's expectations, has led to the short and medium-term growth of the Viet Quinn across the "Coinbase Commerce" platform with the recent high-price rally.

Sources : CNN

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