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Litecoin Price Forecast: LTC eyes $50 as heavy losses weigh on investors
Following a strong downtrend across the crypto market over the past week, Litecoin holders are under immense pressure. The Bitcoin fork has trimmed about $1.81 billion from its market capitalization since the beginning of the year, sending it below the top 20 cryptos by market cap. The move comes as Litecoin's Network Realized Profit/Loss metric shows that investors have been steadily booking losses since December. Over the weekend, the network saw nearly $40 million in realized losses. The move comes as the market value to realized value (MVRV) ratio, which measures the average profit/loss of all investors in a ... (full story)
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