The Litecoin price has been under pressure and the daily chart points to further weakness. The LTC is trading at $130, which is about 68% below the highest point this year. This has seen its market capitalization drop to more than $8.7 billion making it the 13th biggest cryptocurrency in the world.
Litecoin is a relatively old cryptocurrency project that was built to be an alternative to Bitcoin. The coin works in a relatively similar way to Bitcoin but it is…
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