January was a month of decline for the cryptoactive markets. While it is true that the pattern of falling prices was repeated this year, as in the previous years, but with a greater accentuation, today in mid-February the market has not only recovered, but shows signs of starting its rally up again throughout the year.

During January, the markets were affected by the regulatory provisions of Korea and China, the comptroller's office in Bitfinex regarding the credibility of Tether (USDT), a cryptocurrency of par value to the dollar used to protect other investments; as well as some hacking and uncertainties regarding collapsed investment schemes, which is a shock that seems to have been spared from projects, or fraud, that are not very resistant to them.

Now, a cryptoactive whose price remained virtually unchanged for a long time until the big decline in January, seems to be opening up again. Litecoin, the digital silver, has advanced unusually during these days. Since February 13, this cryptoactive has increased its value from $180 dollars to $220 dollars, which is close to 60%. Since February 6th, when the cryptocurrency held a value of close to $110, it has increased its price by just over 100%, a sign that markets are losing fear of the various events that affect them, as was the case of the general decline earlier this month by issuing regulations from South Korea.

In addition, it is important to remember that a forked fork in Litecoin is currently in process, although this project does not seem to be as attractive or credible as the least, so the original project may be enhancing its value and legitimacy. Another possible reason, however, is that forced bifurcations usually allow users to have the same amount of cryptocurrencies in the two separate blockchains, which could motivate purchase to claim funds later.

Aside from that, the launch of Litepay was also recently announced, an implementation that can drive the adoption of this cryptocurrency as a payment method, remembering that having been the first platform to implement SegWit to its protocol, a solution for slowness and high transaction fees.

For its part, the NVT graph indicates that Bitcoin is in the middle of an upward trend and probably prolonged to a few weeks, as it shows that according to its price and volume of sales, it is undervalued.

At the time of writing, its market capitalization stands at just over $12 billion dollars, its price at $222 dollars (0.022 BTC). The total cryptocurrency market amounts to $478 billion dollars - when February 6 stood at $275 billion dollars, and a total value of $24.5 billion dollars, but bitcoin dominance dropped to 35% of the entire market.

According to CoinMarketCap data, the price of Bitcoin (BTC) rises 9.22% and is located at $10,169.10 dollars; the price of Ethereum (ETH) rises 2.85% quoted at $939; Ripple (XRP) rises 6.99% located at $1.16. In the case of Ripple, this cryptocurrency increased its value by 90% since last week, still 51% below the December 31 peak of $2.30 dollars. Bitcoin Cash (BCH) rises 3.74% to $1.395; Litecoin (LTC) rises 7.51% to $222; Stellar (XLR) rises 1.35% to $0.45; EOS rises 3.44% to $10.22; while IOTA (MIOTA) rises 7.84% to $2.13 and regains its place in the top 10 of cryptoactives.