Litecoin is currently struggling to gather momentum in the $130 region despite an uptick in other altcoins assets like Ethereum, Aave and Polkadot.
It seems to be correlating closely with Bitcoin’s price action, although it did print a lower high at $117 on Wednesday.
Litecoin’s chart against its Ethereum trading pair on Binance paints a clearly woeful picture, with it having lost more than 54% of its value since December 26.
It is now the eighth largest cryptocurrency by market cap…
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