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Cryptocurrencies price prediction: Bitcoin, Litecoin & Monero – European Wrap – 11 December

Cryptocurrencies price prediction: Bitcoin, Litecoin & Monero – European Wrap – 11 December
FXStreet TeamFXStreet TeamFXStreet

Bitcoin (BTC) bulls find another evidence of BTC growth to $100,000 by the end of 2020

Bitcoin (BTC) market is painfully slow today. The first cryptocurrency dropped below the local support of $7,300 to trade marginally above $7,200 during European hours. While the first digital asset struggles to come up with a clear direction, cryptocurrency enthusiasts are looking for evidence of upcoming dramatic growth.

Litecoin (LTC) Price Analysis: LTC/USD clinches to $44.00 for dear life

Litecoin (LTC), the sixth-largest digital asset with the current market capitalization of $2.8 billion, has been oscillating inside a tight range since the beginning of December. LTC/USD has barely changed in recent 24 hours, hovering above $44.00 barrier. 

Litecoin

Monero (XMR) hash rate jumped by nearly 200% in seven days; price reaction is mildly positive

Monero's hash rate increased by 186% in recent days after the team released a new update with the new mining algorithm RandomX. The new rules eliminate the benefits of ASIC-based mining and increase network decentralization.
 

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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