Litecoin spikes after Chinese exchange Huobi announces trading
Chinese Bitcoin exchange Huobi announced today that it would begin trading in “cryptocurrency silver” Litecoin starting on March 19. Almost immediately after the announcement, Litecoin prices began to climb steeply, jumping from $16 to a peak of around $17.5. The Bitcoin and Litecoin market in China is substantial, and earlier this month BTC China announced…