Bitcoin Rally Boosts Smaller Cryptos Litecoin, Ether to Records
- Coinbase app popularity surges as frenzy reaches new heights
- Litecoin inventor warns of long bear market after runup
Why Bitcoin Could Turn Into Digital Gold
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Bitcoin is giving its smaller cousins a hand.
Ether and litecoin, the second and fourth biggest cryptocurrencies, are surging to all-time highs on optimism that bitcoin futures will attract institutions to the fledgling market. The rallies come as speculators flock to Coinbase.com Inc., whose app last week climbed to the top of Apple Inc.’s download rankings. Known mainly as one of the easiest ways to trade bitcoin, the site also provides access to trading litecoin, ether and bitcoin cash.