The cryptocurrency market is recovering strongly day by day and one of the well-known digital currencies, Litecoin price is surging again. Since 2nd February 2018, the total market cap of cryptocurrencies is $466 Billion and it witnessed around 68% of rise from $276 Billion noticed as on 6th February.

This sharp recovery of Litecoin might be associated with the US Senate’s response to calls for strict regulations, chart factors, or it might be an indication that markets have easily digested destructive cryptocurrency news that flowed out of South Korea and China.

Besides, now Bitcoin is focusing to cross the $10,000 mark and this recovery might gain traction further. Also, cryptocurrencies, namely Neo, Ripple, and Litecoin are doing a good show from 6th February 2018.

Particularly, Litecoin (LTC) had a cosmological run from the past few days and increased to 54 percent. From the low value of $106.94 on 6th February, the cryptocurrency increased its value by 112.27% and making a recovery as the top-most 10 digital currencies by market cap.

The upcoming hard fork is the reason of increased market demand of Litecoin (LTC); however this project legitimacy is still under question. As per Coinmarketcap, Litecoin has seen a change of $227. Despite such an impressive performance, Litecoin’s price has seen a drop of 2 percent on the basis of year to date.

Whereas, the Ripple (XRP) token price has increased to 90% since 6th February at that time it was at a low price of $0.58. Today, it is ranking at the second place in the list of top 10 biggest gainers. Lastly, Ripple was seen trading at the price of $1.12 as it was still 51% down from 31st December when it was seen close to $2.30.

When talking about Neo, it has increased by 86.50% from 6th February when it was at a low price of $64.88. The cryptocurrency is reported around 59 percent gains which lists it in the top 10 digital currencies. The project is estimated to explore the Bitcoin’s downside. Currently, Neo price is $129.53.