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Price Analysis

Bitcoin Vs. Litecoin: Both Bitcoin (BTC) & Litecoin (LTC) Are on a Slope; Who Will Revive Faster?

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  • Bitcoin (BTC) and Litecoin (LTC) are on a slope losing value for the last 24 hours.
  • The 2019 targets for Bitcoin and Litecoin lay around 20,000 USD and 200 USD respectively.

Bitcoin has become the talk of the town since the coin started growing in a significant manner. In the last two months, the coin has gained massively, and the price went up from 8000 USD to 13,000 USD. This growth also impacted many other altcoins. Litecoin is one of the major coins that have grown significantly in this period. But in the last 24 hours, both the coins are facing difficulties. Both the coins have lost a significant amount of value in this period. Here is an analysis of the chart of both Bitcoin and Litecoin of the last 24 hours. Let us look at the current details of the two coins.

Bitcoin – Litecoin Price Statistics-

BTC Vs LTC

28th June 04:42 UTCBitcoin (BTC)Litecoin (LTC)
Rank1st5th
ROI (Return on Investment)8,045.23%2,568.82%
Coin Circulation17,784,775 BTC62,423,526 LTC
Market Cap198,621,620,137 USD7,174,771,338 USD
Value in USD10,965.32 USD114.06 USD
All-Time High20,089 USD375.29 USD
24h Volume39,318,688,738 USD5,512,243,341 USD

Bitcoin – Litecoin Price Comparison-

Both Bitcoin and Litecoin started the day with a huge fall. Litecoin lost 10.55% in approximately 2 hours. And again a fall of 7.74% was seen between 07:11 UTC and 09:11 UTC. On the other hand, Bitcoin lost 13.14% for around 5 hours. Litecoin again faced a dip of 5.99% between 11:35 UTC and 14:05 UTC and it is followed by a slight gain of 9.29% in the next 1 hour and 58 minutes. And Bitcoin faced a dip of 14.36% between 12:05 UTC and 17:27 UTC only to gain value by 11.11% in the next 7 hours and 55 minutes. There was a final dip of 10.33% in the case of Litecoin which pushed the coin to 109 USD by 20:35 UTC. However, it could gradually grow to reach 114 USD.

Bitcoin – Litecoin Price Prediction-

Though no direct relation can be noticed between Bitcoin and Litecoin, it is easy to notice that both the coins have lost some amount of value in the last 24 hours. But the medium-term outlook for both Bitcoin and Litecoin is bullish. By the end of 2019, Bitcoin is likely to be around 20,000 USD, and Litecoin may go beyond 200 USD.

Conclusion-

Both the coins have performed with great commitment in the last few days. The rise in the price has led many experts to predict a super bullish period in both the coins’ future. But it is a good time to start fresh investment in these financial products. For the long-term, these coins will give significant profit.

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Ruti Vora

Ruti has recently joined CryptonewsZ as a writer and has been writing on other cryptocurrency sites as well. Having a background of tech field makes her versatile with a keen interest in literature. You will find her surrounded by books and music when she is not on work. You can also contact her on Linkedin or Facebook.
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