Thank the Lord, Litecoin prices are in green font once more! It’s only one day of gains, but investors are desperate for Litecoin news after the Chinese ban on cryptocurrency exchanges.
Here’s what they should look at.
Litecoin’s inflows are coming from an entirely different source than before. Chinese exchanges like Huobi and OKCoin were contributing more than 30% of trading volumes for a while, but Chinese regulators demanded they suspend Litecoin to yuan trading by the end of next month. This caused a massive drop in.
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