The top cryptocurrency markets are not necessarily performing as expected. That is completely normal behavior when Bitcoin turns ever so slightly bearish once again. It puts a lot of strain on other top markets, although the Litecoin price is still doing its own thing. Sustaining this current upward momentum will be a bit troublesome, but so far, there is no reason to panic.
Litecoin Price Stays Above $60 for now
It is evident Bitcoin leads the dance when it comes to determining the perceived value of alternative cryptos, tokens, and assets alike. This year, however, Litecoin has shown to not be too bothered by Bitcoin’s momentum when things get sour. It still benefits from a bullish BTC run like every other market, but the altcoin can stand on its own two legs without major issues. Today is another interesting example in this regard.
To put this in perspective, the Litecoin price has gained 1.8% in USD value and 2.14% in BTC value. It is especially this latter aspect which triggers some cautious optimism. Sustaining gains…