After what has been a prolonged period of volatility, the cryptocurrency markets were pleasantly green today as the lead currencies managed to hold the bear at bay. All the main currencies have seen positive trading today, with Litecoin (LTC) showing the strongest stability – perhaps fuelled by recent developments, in particular the announcement that LTC will be accepted by the Secured Automated Lending Technology [SALT], a platform which offers blockchain backed loans. A top liquidity provider for large-scale cryptocurrency investors, including entities, firms working in the cryptomarket, and miners SALT has is rapidly growing as a major player on the field. Alhough primarily aimed at large firms with its loans solutions, it also has individuals in its eye.
So where will the markets go this week? Only time will tell.