The latest gains still couldn’t help LTC break the resistance of 30$ and get back above the initial price.
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Litecoin Gets Past Bitcoin SV (BSV) and Bitcoin Cash (BCH) While Taking the 7thRank on the ListIn the latest bull run where Litecoin managed to take a spike of 11% against the dollar in the course of the last 24 hours, LTC managed to get past two previously better-positioned cryptocurrencies, Bitcoin Cash (BCH) and Bitcoin SV (BSV). Even though Bitcoin SV is marking 7% of gains in a single day, following LTC while the rest of the top ten traders are rising by 3% as a maximum average in the last 24 hours, BSV is showing negative returns of over-23% against the fiat in the last seven days.
Litecoin (LTC) Price Today – LTC / USD
That is how Litecoin managed to push BSV down the ranking list, also getting past Bitcoin Cash, now positioned as the 8thlargest crypto with -24% of losses in a week, while BSV is settled as the 9thbiggest currency at the moment. Litecoin managed to take a better position on the list with the market cap of over 1.5 billion dollars, also recording nearly 2% of gains in the course of the last week and progressing ion an hourly basis by 1% at the moment of this writing. At this pace of growth, LTC seems to be attempting to recover, however, the gains might be short-term and might not last long enough to get LTC back above 30$.