Litecoin appreciates 17% when included in the list of cryptocurrencies to be traded on PayPal. Gnosis rises 16% this week after enabling its Ethereum sidechain wallet.
During the week of October 17-23, the cryptocurrency market recovers, turning almost entirely green. More than 90% of altcoins registered significant increases, with growth that reached 17%.
The most appreciated cryptocurrencies of the week are Litecoin (LTC), which won a spot in the list of cryptocurrencies related to PayPal; and Gnosis (GNO), which a few days ago implemented its portfolio in xDai. Waves (WAVES) follows, and also announced a new grant program.
Bitcoin is on a substantial rise this week. In these seven days, the price advanced by 12.5%. The cryptocurrency manages to overcome the barrier of USD 13,000 on October 21 and 22, staying above $ 12,000 since that date. BTC breaks this l barrier for the first time since August.
The increase in the price of bitcoin coincides with the announcement of PayPal. The users of the platform will be able to access the purchase and sale of cryptocurrencies and hold funds in BTC, Litecoin (LTC), Bitcoin Cash (BCH), and Ether (ETH). The event seems to have pushed BTC back to $ 13,000, after more than one year.
Ether is also on the rise; its average growth is 10.7%. The price ranged between $ 364 and $ 419. The price rise is happening since October 21, on the same date that the value of BTC rose. Possibly its inclusion in the list of cryptocurrencies able to trade in PayPal influenced the rise. The service will be available for the time being to PayPal account holders in the US.
The prices of other relevant cryptocurrencies on the market also turned green. Ripple’s XRP grows 4.9%, and Ethereum Classic (ETC) increases by 5.2%. This while Litecoin appreciates 17% and reached a spot in the weekly top.
Litecoin is on PayPal and added to Germany’s stock exchange exchange
Litecoin (LTC) is on the list of cryptocurrencies allowed for trading on PayPal, as announced on October 21, the same date on which the price of LTC began a rise that led to an average advance of 17 %. Litecoin can be traded on the payment platform along with three other cryptocurrencies.
The list of cryptocurrencies also adds LTC. It woke up interest through the CredEarn program, which allows Uphold customers to make and receive loans with their cryptocurrency assets, the Litecoin Foundation announced on October 22. That same day the value of LTC reached a maximum of $ 56, closing the week at $ 55.
Litecoin also made headlines this week; it appears on the German cryptocurrency exchange Börse Stuttgart. The platform activated LTC, XRP, and ETH trading, the market capitalization of LTC is $ 3,638 million, and the daily trade volume is $ 3,772 million at the time of writing.
By: Jenson Nuñez.
