Cryptos Are Exploding Higher, Bitcoin At 12-Month Highs
cryptocurrency·@zer0hedge·
0.000 HBDCryptos Are Exploding Higher, Bitcoin At 12-Month Highs
The cryptocurrency market cap surged above $260 billion in early Asian trading tonight as the entire space legs to a new cycle high, led by Litecoin with Bitcoin hitting 12-month highs.  [Source: CoinMarketCap.com](https://coinmarketcap.com/charts/) Litecoin is up around 12% in the last hour and the rest of the crypto-space is up 7-8% suddenly.  Bitcoin broke out of its recent tight range around $8000, surging up to $8800...  Its highest level since May 2018...  But almost the entire cryptospace is a sea of green...  [Source: Coin360.com](https://coin360.com/) While the timing is coincidental with EU election exit polls hitting (suggesting a significant shift to eurospektic parties), there is no indication of the buying pressure coming from that, rather more likely a renewed interest from Asia as US-China tensions continues to escalate and residents seek an alternative safe haven. https://www.zerohedge.com/news/2019-05-26/cryptos-are-exploding-higher-bitcoin-12-month-highs
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