Litecoin (LTC) has recently faced a significant decline in its price, with bears gaining momentum as it slumps below the crucial $100 mark. LTC, often referred to as the “silver to Bitcoin’s gold,” has been a favorite among investors seeking an alternative to the pioneer cryptocurrency. The bearish momentum behind Litecoin’s decline raises questions about the factors driving this price slump and the potential implications for the broader cryptocurrency market. Will Litecoin be able to regain its strength and recover from this setback, or is there more downside ahead? Related Reading: PEPE Bulls Losing Steam? Fatigue Appears To Undermine Price Rally Bears Pull LTC Price Down Litecoin is currently experiencing a downturn in its price, with CoinGecko reporting it at $93.52. This marks a significant decline of 4.5% within the last 24 hours and a substantial seven-day slump of 17.2%. Source: Coingecko As the price slips below the crucial $100 mark, traders and investors are closely monitoring the situation and assessing the potential factors that could influence LTC’s rebound. The recent dip below $100 has sparked concerns among market participant ..
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