LTC/USD Correction Wipes Out Early-September Gains

in cryptocurrency •  7 years ago 

LTC/USD Correction Wipes Out Early-September Gains

Litecoin is the world's second biggest digital currency

Crypto Meltdown Shaves $40 Billion Off Market Value

The significant coins have declined pointedly this month after Chinese controllers prohibited starting coin offerings (ICO), the crowdsourcing model that has overwhelmed the world. China is said to be mounting a more extensive assault on the computerized cash advertise, including a hard and fast restriction on bitcoin trades.
The litecoin value [LTC to US dollar trade rate] surged to a record-breaking high of over $90 on September 1, taking its year-to-date increases over 2,000 percent.

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It is now a very good buying opportunity.