Cryptocurrencies

LTC price & analysis (LTC to USD): 23rd July 2018

This column is a regular analysis of the Litecoin price (LTC to USD). We compare against the US dollar for ease of comparison (all our cryptocurrency analysis will put values in the US dollar equivalent). One of the aims of Coin Rivet is to promote understanding of cryptocurrencies and blockchain technology. Part of that understanding is looking at pricing trends for cryptocurrencies.

In discussing cryptocurrency prices, we are not recommending a coin neither are we recommending that you should invest in one. In fact, the more you learn and study the more you will realise that cryptocurrency prices fluctuate a lot and can be volatile. As we all know the value of investments can go up as well as down. In the case of cryptocurrencies that can be a lot – in both directions.

LTC price 23rd July 2018, 12.20 (GMT)

A strong start to the week for litecoin – green across the board.

Price: US$ 83.80

Daily: 1.81%

Weekly: 0.59%

Monthly: 3.11%

About Litecoin

Litecoin was released in October 2011 by Charlie Lee, a former Google employee. It was a fork of Bitcoin with the main difference being a smaller block generation time, increased maximum number of coins and a different script-based algorithm.

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Jonathon Bright

Jonathon is a qualified marketing professional (CIM DipM, MA Marketing) with 30 years experience. 10 years financial services marketing experience. He’s worked for global brands such as NatWest, The Financial Times, Haymarket Media, The Wellcome Trust & The Department of Health and managed agency accounts for AXA, Credit Suisse, HSBC Offshore & Canon Professional Print.