Post
Topic
Board Altcoin Discussion
Re: LTC follows the BTC trend
by
Umkar
on 27/07/2018, 20:32:01 UTC
Like BTC trends , i usually see always LTC follows the BTC trends , Do you agree ?

last year we have seen it , Price of BTC increases similarly LTC price too increased
At the cost of bitcoin, virtually all types of crypto currency, not just Litecoin, follow. Even the ethereum, and that repeats the price movement of bitcoin. This is explained by the fact that bitcoin has a very high degree of capitalization in comparison with the total capitalization of the remaining crypto-currencies. This allows him to dominate the price over all types of crypto currency. If bitcoin loses some of its level of capitalization and drops to the level of other coins, then at the same time it will lose such a possibility of dominance.