Today news
About the same in other media
Assessing if Litecoin’s position as an inflation hedge can push it to $500
Reading now: 281
Litecoin, over the past year or so, has been gradually pushed out of the list of top-10 coins ranked by market cap. As expected, newer coins soon gained traction on the charts.
Over the last few months, the alt has kept a low profile, tempting the market with a potential breakout. Finally, over the last three days, Litecoin registered a close to 40% price jump.
The main driver behind this spike was the bullish momentum projected by the broader market. However, other factors too can’t be ruled out. As mega-cap coins like Bitcoin and Ethereum saw double-digit gains, hitting new all-time highs, LTC following suit didn’t come as a surprise.
Notably, LTC’s correlation to Bitcoin’s new ATHs played an important role in the recent price uptick.
Read more on ambcrypto.comAbout this in other media
Assessing whether AVAX’s impressive price run can really go on ambcrypto.com /3 years ago
Digital ruble should not affect inflation, Bank of Russia says cointelegraph.com /3 years ago
VR Technology and Game Development Studio AEXLAB Preparing First NFT Drop as Part of Major Blockchain Push cryptonews.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
