Home Litecoin Litecoin [LTC] and Binance Coin [BNB] rise high to kick bear out of the market – AMBCrypto News

Litecoin [LTC] and Binance Coin [BNB] rise high to kick bear out of the market – AMBCrypto News

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After a surprising slump last week, the cryptocurrency market seems to be graced by the bull again. Majority of the coins in the space is colored in green, with some even rallying in double digits. Top coins such as Ethereum [ETH], Litecoin [LTC], and Tron [TRX] are also seen rallying in the market. Meanwhile, Bitcoin [BTC], the largest cryptocurrency, and XRP are seen rising at their own pace.

Litecoin [LTC], the first largest cryptocurrency by market cap, is one the top gainer in the market, taking over the second position. According to CoinMarketCap, at press time, the cryptocurrency was trading at $52.17 with a market cap of $3.16 billion. The coin also recorded a trading volume of $1.62 billion with a rise of over $12 percentage in the past 24 hours and over 14 percentage in the past seven days.

Litecoin one-hour price chart | Source: Trading View

The highest trading volume for the cryptocurrency was recorded on BW exchange for LTC/ USDT trading pairs, whereas, the second highest trading volume was pouring in from DigiFinex, paired along with Bitcoin. The other exchanges on the top five were OKEx, Coineal and Coinall. In the past few hours, the coin added almost $5 to its value.

Binance Coin [BNB], the eight largest cryptocurrency, has been rising in the market against all odds since the beginning of the day. At press time, the cryptocurrency was trading at $13.06 with a market cap of over $1.84 billion. The cryptocurrency pictured a trading volume of $214 million and witnessed a significant rise of over 36 percent in the last seven days. In the 24-hour timeframe, the cryptocurrency recorded a hike of over 15 percent.

Binance Coin one-hour price chart | Source: Trading View

Binance Coin one-hour price chart | Source: Trading View

The highest trading volume for the coin was pouring in from its own platform, with Binance for BNB/ USDT and BNB/ BTC trading pairs taking the top two positions. The other exchanges on the top contributing to its rise were P2PB2B and LBank. More so, it hasn’t been long since the coin took over the eight position in the market. It is speculated that the coin is rising to the top on the back of Binance’s recent reward announcement pertaining to Binance DEX.

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