BTCC, one of the biggest cryptocurrency exchanges in China, stopped domestic trading on September 30. It should have been the biggest Litecoin news around affecting our Litecoin price prediction, but you wouldn’t have been able to tell by watching LTC prices.

Rather than falling apart like it did in previous weeks, the Litecoin to USD exchange rate increased 0.74% on Sunday. It is currently sitting at around $54.63.

At the same time, Litecoin fell 2.49% against Bitcoin.

However, you shouldn’t fall into the trap of thinking that this was a specific LTC/BTC rotation. It wasn’t. BTC dominance rose nearly approximately 80 basis points, from roughly 48.5% to.

The post Litecoin Price Forecast: LTC Prices Up 10% in a Week Despite Chinese Closures appeared first on Profit Confidential.

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Litecoin Price Forecast: LTC Prices Up 10% in a Week Despite Chinese Closures