Litecoin

Analysis

Litecoin (LTC) fell 4.4% over the past 24 hours as it slid to multi-month lows amid bearish market pressure, despite signs of improving network activity. AMBCrypto noted that while LTC’s usage metrics have been climbing, price action has continued to weaken, suggesting that rising on-chain usage hasn’t translated into near-term demand strong enough to support the price.

Contributing Factors (1)