Litecoin Price Tumbles Below $80 After Suffering 10 Percent Drop

The cryptocurrency market endured a severe crash on Aug. 14. Ethereum, XRP, and Litecoin posted double-digit drops. ’s XRP was hit the hardest the coin steeply fell to the $0.26 level after a major sell-off.

Meanwhile, Bitcoin turned out to be the safest bet within the CoinMarketCap top 10 given that it only dipped 6 percent following yesterday’s crash. The crypto king is changing hands above the psychologically important level of $10,000 at press time.

According to cryptocurrency trader Josh Rager, BTC is currently inching to its previous . Thus, this feast might soon end for the bears.

As reported by U.Today, Goldman Sachs recently forecasted that BTC could hit $13,971 in the short-term, which could also revive the broader cryptocurrency market.


Leave A Reply

Your email address will not be published.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More