The steep decline in the LTC/USDT pair has reignited bearish Litecoin price predictions. The steep drop in the pair followed yet another day of selling on Bitcoin, which ended up driving down correlated tokens.
Litecoin is an analogue of Bitcoin, created from the Bitcoin blockchain. Consequently, it is a correlated asset and an alternative trading vehicle for those interested in trading Bitcoin’s movements with more predictable assets.
Presently, the Litecoin price is down by 6.88%,…
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