Alternative cryptocurrency Litecoin is still trading range-bound. The altcoin is trading basically unchanged since our LTC update last week, still quoted at $3.02 dollars per coin. Meanwhile bitcoin continued to roar ahead, breaking new highs.
Bitcoin Hits $288.90 on FxOpen
In the past seven days bitcoin managed to break the $270 resistance figure and head higher. Prices hit a new high of $288.90 two days ago, very close to the $290 weak resistance. This caused another sharp retracement down to $274 dollars per coin but the lows didn’t last long. Bitcoin is currently quoted at $285.24, very close to the Sunday highs.
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