“The rise of Bitcoin is not happening in a vacuum. It seems the value of almost all cryptocurrencies (and there are several dozen of them) has been growing rapidly over the last week.  According to coinmarketcap.com, which monitors cryptocurrencies, Litecoin, a similar but more easily created currency, has risen 60 percent in the last 24 hours alone, bringing its market capitalization to $644 million. Another currency called PeerCoin is up 30 percent since Tuesday, now worth more than $75 million.  Namecoin, Feathercoin, Megacoin, Infinitecoin and others are all up double-digit percentage points, too.”

http://bits.blogs.nytimes.com/2013/11/27/a-rise-in-attention-and-price-for-crypto-currencies/?_r=1

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