Here’s Why the LTC Could Drop by 20% to $150

The Litecoin price is attempting to bounce back after dropping to a multi-week low of $170 yesterday. The LTC is trading at $192, which is 6.7% above its lowest level this week. Its market cap is at$12.89 billion, according to data compiled by Coin Marketcap. 

What happened: Litecoin has been an embattled cryptocurrency after it reached an all-time high of $245. It has dropped by more than 22% from this high. This performance is mostly because of the overall…


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