South Korean and Chinese Money Drives Litecoin to Record Highs Above $57

in #cryptocurrency7 years ago (edited)

header-litecoin.png

While American and European cryptocurrency traders were focused on Bitcoin and Ethereum, their Chinese and South Korean counterparts drove the price of Litecoin to an all-time high above $57.

Sort:  

Is there any reason behind this Asian drive for LTC?

Litecoin has been fairly popular in China since 2013. The founder of Litecoin is also of Asian descent.

Yes, but I'm specifically pointing to your statement here: Exchange turnover data from CoinMarketCap shows that speculators and investors on South Korea's most popular exchange, Bithumb, bought and sold north of $184 million worth of Litecoin over the past 24h.

Nice info, LTC will climb up again , When south Korea steps in, pumps coming for sure

Coin Marketplace

STEEM 0.20
TRX 0.12
JST 0.030
BTC 61907.80
ETH 3418.05
USDT 1.00
SBD 2.51