Investors that are new to cryptocurrencies might find it easier to think of Litecoin (LTC) as a parallel to precious metals. Rather than thinking of it as a mysterious digital asset, think of it as the \u201csilver\u201d to Bitcoin\u2019s (BTC) \u201cgold.\u201d It is practical and commercial rather than a store-of-value, exactly like silver.<\/p>\n
This relationship is old Litecoin news, but it serves as a healthy reminder that the Bitcoin price and Litecoin price travel as a pair.<\/p>\n
Like gold and silver, there is a standard LTC\/BTC ratio. Just to give you a sense of it, the last time that Bitcoin traded in the high $4,000 range, Litecoin was trading between $75.00 and $80.00.<\/p>\n
That relationship.<\/p>\n
The post Daily Litecoin Price Forecast: When LTC\/BTC Ratio Corrects, Litecoin Can Reach $85.00<\/a> appeared first on Profit Confidential<\/a>.<\/p>\n<\/p>\n Continue reading here: Investors that are new to cryptocurrencies might find it easier to think of Litecoin (LTC) as a parallel to precious metals. Rather than thinking of it as a mysterious digital asset, think of it as the \u201csilver\u201d to Bitcoin\u2019s (BTC) \u201cgold.\u201d It is practical and commercial rather than a store-of-value, exactly like silver Continue reading
\nDaily Litecoin Price Forecast: When LTC\/BTC Ratio Corrects, Litecoin Can Reach $85.00<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"