Litecoin (CCC:LTC-USD), known as the silver to Bitcoin’s (CCC:BTC-USD) gold, is slowly gaining acceptance as a method of payment in online commerce. This is because as more institutions accept Bitcoin for payment they tend to include Litecoin in the same vein. As a result, LTC-USD is slowly gaining value as a valid transactional cryptocurrency.
In the last five months, LTC-USD bottomed out on July 20 at $107.40 but has since rebounded to $192.04 as of…
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