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Litecoin, the world’s seventh-largest crypto by market cap, saw little upside Saturday after the Winklevoss-backed Gemini exchange rolled out support for LTC custody and trading.
The value of Litecoin bounced around between $53.34 and $54.21 on Saturday. LTC/USD was last seen trading at $53.46.
Trade volumes are down 37% over the last seven days, a period that has seen LTC values drop by nearly 7%. The bulk of the declines occurred on Thursday as part of a market-wide selloff of cryptoassets.
The LTC price fell below $51 briefly on Thursday before a minor relief rally took hold. Prior to the recent selloff, the digital currency had made its way up to the $60 region. Prior selling pressure was
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