Daily Litecoin News Update
At least two incidents yesterday have sent Litecoin prices tanking below $200.00. Both involved cryptocurrency exchanges, not cryptocurrencies directly. It’s fair to say that fear, uncertainty, and doubt (FUD) was once again pulling the strings on investor sentiment.
First, one of the world’s largest cryptocurrency exchanges, Binance, got infiltrated by hackers on Wednesday. While the attack didn’t do much damage, the fear was enough to force a massive sell-off.
What’s alarming, however, is that the Litecoin dumping primarily occurred on U.S. exchange GDAX and South Korean exchange OKEx,.
The post Litecoin Price Prediction: Exchanges Wreak Havoc on LTC Prices appeared first on Profit Confidential.
Written by Palwasha Saaim B.Sc @ https://www.profitconfidential.com/cryptocurrency/litecoin/ltc-price-prediction-binance-hack-sec-regulations-exchanges/ March 9, 2018 Palwasha Saaim B.Sc