$97: Litecoin Price Hits Fresh 2018 Low

$97: Litecoin Price Hits Fresh 2018 Low

View the full post on its original source

The price of litecoin (LTC), the world’s sixth largest cryptocurrency by market capitalization, fell to a fresh 2018 low on Wednesday.  

Data from Bitfinex shows the cryptocurrency slipped to $97.04 today – the lowest level since Dec. 8 in 2017, reflecting a 74 percent decline since its all-time-high at $379 seen on Dec. 19. Further, the price of LTC is also reporting more than 60 percent depreciation since the beginning of this year.

LTC’s price decline over the past several months also followed a notable remark by its creator Charlie Lee who stated in a Reddit post on Dec. 20 that he had sold off all his holdings in the cryptocurrency, as previously reported by CoinDesk.

As of press time, the price of LTC has bounced back to $99.50 – down 6.3 percent in the last 24 hours. 

In fact, other major cryptocurrencies are also flashing red. For instance, bitcoin fell to two-week lows near $6,500 on Tuesday and is currently reporting a 3.8 percent decline on a 24-hour basis.

EOS also dropped by 10.33 percent within a day, making it one of the major loses among top 10 cryptocurrencies by market capitalization. Others including ethereum, XRP and bitcoin

Bulls on Crypto Street is a trading education website dedicated to cryptocurrencies. We teach strategies for swing and day trading cryptocurrencies such as Bitcoin, Ethereum, Litecoin, UnikoinGold, and other Altcoins. We're at the forefront of this industry and are continuously providing up to date information on each coin, regulations, news, token sales, and much more.

Read the full article at https://www.coindesk.com/97-litecoin-price-hits-fresh-2018-low/

10 thoughts on “How To Setup Your Cryptocurrency Trading Platform

  1. Did I miss it, but I dont see anything about your price prediction except it might test 5000 at some point. Whats you PT for end of 2018?

  2. Wouldn’t Paradex then allow Coinbase to operate as a “decentralized” exchange? For example, users will be in control of their Private Keys, instead of relying on the security of Coinbase? Correct me if I’m wrong. Thank you!

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.