Led By Litecoin, Mid-Cap Altcoin Bleed With Bitcoin

Led By Litecoin, Mid-Cap Altcoin Bleed With Bitcoin

Litecoin awoke from a month-long slumber to follow the general sentiment in the market. The price of LTC broke above the $200 resistance, only to drop with the crypto market flash crash.

At the time of writing, Litecoin trades at $181 with a 17.31% loss in the daily chart.

LTC is on a downtrend in the daily chart. Source: LTCUSDT Tradingview

The market seems to be reacting to the events triggered by El Salvador making Bitcoin legal tender. Whales could have used the bullish sentiment to…


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