Litecoin price pulled back on Monday as cryptocurrencies pulled back on Monday. It dropped to a low of $50, which was the lowest level since July 15. It has crashed by more than 23% from its highest level this month.
Fed interest rate decision
LTC price has been under pressure as investors refocus on the upcoming interest rate decision by the Federal Reserve. This also explains why other cryptocurrencies like BTC and ETH have pulled back in the past few days.
The Fed will start its two-day…
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