Litecoin spiked as much as 10 percent on Tuesday after a so-called "hard fork" resulted in the creation of a new cryptocurrency. The altcoin, or alternative cryptocurrency, has risen 55 percent in the past seven days as a result of a recent rally. It was trading at $246.19 at about 7:45 a.m. ET on Tuesday, according to CoinDesk data, and was up 10 percent in the last 24 hours. Litecoin is the fifth-largest cryptocurrency by market capitalization, according to CoinMarketCap. The litecoin hard fork took place Sunday, and led to the creation of a spinoff called litecoin cash. A hard fork is a radical divergence ... (full story)