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The value of Litecoin (LTC) reached its lowest point in the last 12 months, falling below $ 50 on Wednesday.
The seventh largest cryptomed in the world market capitalization reached $ 47.67 this morning – its lowest score since September 22, 2017. The LTC was last seen at the price of $ 48.96, down nearly 8%, according to CoinMarketCap
Read more: The study found that 9 to 10 altcoins have plagiarized 90% of their codes [19659004] Webitcoin: Below $ 50: Litecoin reaches the lowest score of the last 12 months ” width=”641″ height=”402″ srcset=”https://webitcoin.com.br/wp-content/uploads/2018/09/chart-2-728×501-300×188.jpg 300w, https://webitcoin.com.br/wp-content/uploads/2018/09/chart-2-728×501.jpg 640w” sizes=”(max-width: 641px) 100vw, 641px”/>
In particular, LTC is the second biggest loser among the 10 largest crypto-coins, with a decrease of 22.5% in the weeks. In addition, it depreciated by 86% from its highest score in December of last year, located at $ 344.
Other victims other than Litecoin
Other cryptographic currencies today also suffer heavy losses. Ether, Bitcoin Cash and Monero have suffered losses of over 9% in the last 24 hours. Meanwhile, the Stellar lumens (XLM) are the only crypt in the top 50 to show gains in the last 24 hours, although they are 0.02% – a likely result of the flow of positive crypto-positive news in the last days.
To learn more: In the United States, the judge decides that the securities laws can be applied to the crypto-coins
This move is probably associated with the 15% decline in Bitcoin from a week to the 39; other. The value of the largest crypto-currency on the market is currently at $ 6304.24, $ 400 away from a possible new minimum this year which, if it does, will suck the rest of the market.
In addition, it is possible that LTC presents an upward correction, since the relative strength index presents conditions of oversold . However, if the BTC fails to get a recovery on the graph, the correction may not occur. ] It begins now
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