Litecoin
Why Litecoin is down 10.4% today
Analysis
Litecoin (LTC) fell 10.4% over the past 24 hours as it slid to multi-month lows amid broader bearish market pressure, despite signs of improving network activity. AMBCrypto noted that while price weakened, Litecoin usage metrics have continued climbing, suggesting the sell-off was driven more by market sentiment and technical downside than a deterioration in on-chain usage.
Contributing Factors (1)
LTC hits multi-month lows, yet Litecoin usage keeps climbing – Explained
The fundamentals don't match the token price.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.