The digital currency rose to as much as $93.29, according to CoinMarketCap. The prices of the two digital currencies have frequently followed each other, according to analysis published on CoinDesk. Since Bitcoin's code is open source, developers have the ability to modify it and create new digital currencies whenever they want. After reaching its recent record of $93.29, the digital currency was less than 8% from reaching $100. Should Litecoin hit this particular milestone, it could draw greater investor interest and cause the digital currency to enjoy notable gains.

Source: Forbes November 27, 2017 16:52 UTC