The LTC price finally went up and it gained 5.5% this week. Litecoin's creator, Charlie Lee, shared a link via Twitter to ask whether LTC is "returning to a bull market" or "the worst is still over".
Many people responding to Charlie Lee say that the worst is not really over. Because good news did not come from India for Litecoin. For this reason, the highest court in India rejected the request to grant any provisional time to the ban on the provision of services to the crypto money exchanges in the country.
During the past week, we saw a moderate fluctuation in the LTC price. At the beginning of the week, the LTC traded at $ 81.12. However, within a day, the LTC experienced a dramatic decline, dropping to $ 75.91.
Also on July 2, the price rose to $ 86.05, then fluctuated to slightly lower levels. The LTC rose to $ 88.77 on July 3, which is today. At the time of writing, Litecoin increased by 4.5% to 86.5. Litecoin now ranks 6th with a market value of $ 4.9 billion.
The information contained in the text is purely informational. It does not carry any investment advice.