Only days after Litecoin recovered from China’s ban on cryptocurrency exchanges, there appear to be bearish rumblings in South Korea. Specifically, the country banned initial coin offerings or ICOs. This Litecoin news could be potentially disastrous for the Litecoin price prediction.

You see, the vast majority of Litecoin’s trading volume came from Huobi and OKCoin, two Chinese exchanges that are now under pressure to cease operations.

The loss of both exchanges was expected to severely crush any Litecoin price.

The post Litecoin Price Forecast: After South Korea, Can LTC Find a Safe Haven? appeared first on Profit Confidential.

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Litecoin Price Forecast: After South Korea, Can LTC Find a Safe Haven?