In the last 24 hours Bitcoin broke the $500,-, but also the $600,- level. A rise of about 50% compared to last week. It looks like nothing stands in the way of an further increase. Litecoin is now also rising quite fast. In the last couple of hours the price of Litecoin jumped with more than 40%.
Did Litecoin just broke loose?
According tot BTC-E the price of Litecoin rose to $5,70. As you see in the chart above the price has soared significantly because of big buy orders. Is China finally jumping on the Litecoin train? This is one of the reasons Bitcoin is going higer and higher every day.