Litecoin Price Forecast: Litecoin Gets Listed on Another Trading Platform Even If the Bears Are Still in Control of the Market (Litecoin News Today)

Of all the cryptocurrencies in the bear market, Litecoin (LTC) appears to be among the top losers. However, this fall in price has not stopped the cryptocurrency exchanges from listing Litecoin. The Forex and CFD platform, FXChoice, took to Twitter to announce that it is listing Litecoin (LTC) among one of its tradable coins.

Litecoin (LTC) Gets Listed on FXChoice Exchange

The exchange, which already has Bitcoin trading enabled, was pleased to announce that it now accepts Litecoin trading as well. Litecoin is currently the sixth largest cryptocurrency in the market per market capitalization. The cryptocurrency, which is commonly referred to as the silver to Bitcoin’s gold, has worked its way up in the financial space.

FXChoice made the announcement on Twitter:

“Clients can now deposit LTC as long as they open an LTP-denominated account for Litecoin Photons. Each deposit of 1 LTC will give clients 1,000,000 LTP for trading.

The cryptocurrency is gradually widening its scope with different businesses and cryptocurrency exchanges accepting and listing Litecoin. Some of the known exchanges that list Litecoin (LTC) include Coinbase Pro, HitBTC, Bitfinex, Binance, Bitbox, CoinEgg, and Kraken.

Litecoin (LTC) Price Today / USD

NamePrice
litecoin
Litecoin
$140.01

Apart from being listed on exchanges, Litecoin is also used as a form of payment in different sectors like tourism, content industry, travel sector, pharma, etc.

Litecoin (LTC) Price Continues to Decline Even With the Recent Good news

For a while now, Litecoin has been a hot topic in the cryptoverse. People are wondering why the price has been unable to rise after falling from it’s all-time high of over $300 in January. For some reasons, the bulls have lost their steam completely and the bears have taken full control of the market.

At the time of writing, Litecoin (LTC) was trading at $88.95 just after managing to trade above $100 a few days ago. The market capitalization has fallen from $7 billion to $5 billion within the period. $88.95 is the lowest the coin has traded since November 2017.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.