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What Litecoin distancing itself from Bitcoin could mean for its price
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Bitcoin and Litecoin are among the oldest coins with the least “generational gap” that exist in the space at this point. Since inception, their prices have, by and large, been moving hand-in-hand.
Almost a decade down the line and nearly nothing has changed. Consider this – In the period from 29 September until now, BTC’s price has appreciated by over 51% while LTC’s price has rallied by 43%. In fact, their patterns on price chart also reasonably look reasonably similar.
BTC/USDT, LTC’USDT || Source: TradingView
Even so, Bitcoin managed to surpass its ATH a couple of days back, while Litecoin’s current valuation is more or less half of what it was in May. In effect, LTC’s market capitalization shrank down to merely $13.4 billion and the alt
Read more on ambcrypto.comAbout this in other media
Bitcoin price briefly hits $69K ATH before plummeting back to Earth cointelegraph.com /3 years ago
Bitcoin price in classic 'Bull Pennant' breakout as BTC whales go on buying spree cointelegraph.com /3 years ago
Could Paraguay’s Bitcoin mining foray prove detrimental to its energy needs ambcrypto.com /3 years ago
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