Litecoin Price Forecast and Analysis – September 12, 2017
In the last 24 hours, Litecoin prices jumped nearly 5.76% against the U.S. dollar and roughly 2.57% against Bitcoin. The LTC to USD exchange rate is currently sitting at $68.32 at the time of this writing.
Any Litecoin news there was took a backseat to bigger industry trends on Monday.
Investors were preoccupied with rumors that the Chinese government is looking to shut down Bitcoin exchanges. However, it’s likely these fears are extended from China’s actual crackdown of initial coin offerings (ICOs).
The ICO market is facing deep skepticism at home.
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