Litecoin stuck in consolidation leads to investors’ balance falling to 5-year lows

  • The overall average balance on every Litecoin address fell to $507, levels last visited back in April 2017.
  • Litecoin on the chart has been virtually unmoved for almost four months now, trading at $52.9.
  • Litecoin’s low correlation with Bitcoin opens the altcoin up to the possibility of a rally if Bitcoin concedes to the market’s fears.

“Silver to Bitcoin’s Gold” has been Litecoin’s identity since its inception, and rightfully so since it is truly no…


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