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Cryptocurrency News Articles

Litecoin Whales Invest $950M in 73-Day Buying Spree as LTC Price Loses $90 Support

Nov 27, 2024 at 04:22 am

Litecoin price hit $87.90 on Tuesday, down 17% from the recent high of $106 recorded on November 23. Despite the steep correction phase, on-chain data shows crypto whales

Litecoin Whales Invest $950M in 73-Day Buying Spree as LTC Price Loses $90 Support

Cryptocurrency markets took a hit on Tuesday as Bitcoin price slipped below the $92,000 level, triggering a sell-off across the altcoin board.

Among the major altcoins, Litecoin price dropped 17% from recent highs. Despite the steep correction, on-chain data shows crypto whales have entered a 73-day buying spree.

After US Securities & Exchange Commission (SEC) Chair Gary Gensler’s announced exit, major altcoin markets received a boost.

Notably, crypto assets under litigation and those with ongoing ETF applications including Solana, LTC and XRP all recorded considerable gains last week.

However, as Bitcoin price stalled below $100,000, the ensuing sell-off sent bearish headwinds across the altcoin market.

To gain further insights into the price action, let’s take a look at Litecoin price technical analysis and the latest on-chain data trends.

After US Securities & Exchange Commission (SEC) Chair Gary Gensler’s announced exit, major altcoin markets received a boost.

Notably, crypto assets under litigation and those with ongoing ETF applications including Solana, LTC and XRP all recorded considerable gains last week.

However, as Bitcoin price stalled below $100,000, the ensuing sell-off sent bearish headwinds across the altcoin market.

To gain further insights into the price action, let’s take a look at Litecoin price technical analysis and the latest on-chain data trends.

After US Securities & Exchange Commission (SEC) Chair Gary Gensler’s announced exit, major altcoin markets received a boost.

Notably, crypto assets under litigation and those with ongoing ETF applications including Solana, LTC and XRP all recorded considerable gains last week.

However, as Bitcoin price stalled below $100,000, the ensuing sell-off sent bearish headwinds across the altcoin market.

To gain further insights into the price action, let’s take a look at Litecoin price technical analysis and the latest on-chain data trends.

After US Securities & Exchange Commission (SEC) Chair Gary Gensler’s announced exit, major altcoin markets received a boost.

Notably, crypto assets under litigation and those with ongoing ETF applications including Solana, LTC and XRP all recorded considerable gains last week.

However, as Bitcoin price stalled below $100,000, the ensuing sell-off sent bearish headwinds across the altcoin market.

To gain further insights into the price action, let’s take a look at Litecoin price technical analysis and the latest on-chain data trends.After US Securities & Exchange Commission (SEC) Chair Gary Gensler’s announced exit, major altcoin markets received a boost.

Notably, crypto assets under litigation and those with ongoing ETF applications including Solana, LTC and XRP all recorded considerable gains last week.

However, as Bitcoin price stalled below $100,000, the ensuing sell-off sent bearish headwinds across the altcoin market.

To gain further insights into the price action, let’s take a look at Litecoin price technical analysis and the latest on-chain data trends.

After US Securities & Exchange Commission (SEC) Chair Gary Gensler’s announced exit, major altcoin markets received a boost.

Notably, crypto assets under litigation and those with ongoing ETF applications including Solana, LTC and XRP all recorded considerable gains last week.

However, as Bitcoin price stalled below $100,000, the ensuing sell-off sent bearish headwinds across the altcoin market.

To gain further insights into the price action, let’s take a look at Litecoin price technical analysis and the latest on-chain data trends.After US Securities & Exchange Commission (SEC) Chair Gary Gensler’s announced exit, major altcoin markets received a boost.

Notably, crypto assets under litigation and those with ongoing ETF applications including Solana, LTC and XRP all recorded considerable gains last week.

However, as Bitcoin price stalled below $100,000, the ensuing sell-off sent bearish headwinds across the altcoin market.

To gain further insights into the price action, let’s take a look at Litecoin price technical analysis and the latest on-chain data trends.

After US Securities & Exchange Commission (SEC) Chair Gary Gensler’s announced exit, major altcoin markets received a boost.

Notably, crypto assets under litigation and those with ongoing ETF applications including Solana, LTC and XRP all recorded considerable gains last week.

However, as Bitcoin price stalled below $100,000, the ensuing sell-off sent bearish headwinds across the altcoin market.

To gain further insights into the price action, let’s take a look at Litecoin price technical analysis and the latest on-chain data trends.After US Securities & Exchange Commission (SEC) Chair Gary Gensler’s announced exit, major altcoin markets received

News source:www.mitrade.com

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