Why Litecoin is the hottest cryptocurrency at the moment
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While up until recently the buzz has been all about Bitcoin there's now a new kid on the block.
Litecoin is up about 340% so far this year which gives it a market value of about $8.3bn. The digital currency has grown at a rate which is more than double the pace of Bitcoin in 2019 and is not the seventh-largest digital asset.
Business Day TV caught up with eToro senior market analyst Mati Greenspan to find out about Litecoin's meteoric rise and whether the momentum can be sustained.
Litecoin is up about 340% so far this year which gives it a market value of about $8.3bn. The digital currency has grown at a rate which is more than double the pace of Bitcoin in 2019 and is not the seventh-largest digital asset.
Business Day TV caught up with eToro senior market analyst Mati Greenspan to find out about Litecoin's meteoric rise and whether the momentum can be sustained.