The crypto market has added more than $10 billion in the past several hours as all major crypto assets including Bitcoin, Litecoin, and Ethereum jumped by massive margins. Bitcoin, which struggled to demonstrate any major movement in the past two weeks, surged by well over 8 percent, recovering to the high $3,000 region. Litecoin, which CCN reported rose 10 percent overnight, increased by an additional 20 percent, adding more than half a billion dollars to its valuation. What’s Causing the Corrective Rally? On February 8, following a long period of stability and a lack of volatility in a tight price range, traders
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* First published on ccn.com
