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Litecoin Price Gains Despite Facebook’s Libra Stealing Altcoins’ Thunder

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By CCN Markets: Litecoin (LTC) entered a positive territory on Wednesday while other top cryptocurrencies trended flat as investors became cautious following the introduction of the Facebook token, Libra. The LTC-to-dollar exchange rate established an intraday high of $139.66, up more than 3 percent since the Asian session open. The upside action neutralized the pair’s losses in the past seven days. At the same time, it brought Litecoin’s month-to-date gains to 26 percent, with a market value of approx $3.94 billion. Debit Card, Calibra Announcement The surge in the Litecoin price closely followed an announcement by the Litecoin Foundation. The nonprofit

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* First published on ccn.com

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