August 7 – The price of Litecoin (LTC) fell on Wednesday, dropping below the $118 mark in a volatile morning session that saw the cryptocurrency first rally to a daily high before reversing its gains.
As of 09:42 UTC, Litecoin was trading at $117.96, a decrease of 1.07%, or $1.28, for the day.
The intraday price chart shows that Litecoin experienced a significant surge earlier in the session, peaking above $122. However, the momentum shifted, leading to a sharp decline. The current price is trading below the previous day’s close of $119.24, indicating bearish sentiment in the market’s opening hours.
