Bitcoin surged higher on Tuesday, breaking the $400 handle and hitting $421.59 dollars at its peak. From here we retraced somewhat but BTC/USD is still trading almost 6 percent higher since our last update, currently at $414 dollars per coin. However alternative cryptocurrencies Namecoin and Peercoin are lagging behind at +2.1% and +3% since the start of trading on Tuesday.
Peercoin Rally Still Underway
Peercoin is quoted at $0.418 right now, 2.4 cents or 6% higher since last Thursday. But when compared to big brother Peercoin underperformed, bitcoin gained $59 dollars or 16.6 percent since December 3rd.
Read More https://blog.fxopen.com/peercoin-namecoin-little-changed-as-bitcoin-surges/