Litecoin is presently following the broader market trend and is trading red. However, the bigger picture behind the price fall is bigger than just external cues. And these recent developments play a bigger role in this big picture.
Litecoin at #2
Although the 7.63% drop in price can be considered as the result of LTC’s high correlation with Bitcoin, it did manage to contribute majorly to what is expected out of Litecoin.
As previously analyzed, Litecoin is currently stuck in a downtrend…
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