BTC dropped to $5,000 in March 2020, because it was not immune from the broad-based mostly promote-off across the financial markets at the start of the worldwide Covid-19 pandemic. However, litecoin it rebounded and rallied strongly throughout the rest of the yr to surpass the earlier all-time excessive and reach $29,000 by the end of December. The rally continued in early 2021, as the cryptocurrency rocketed to $58,330 in February earlier than slipping again.

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In 2019 Litcoin continued its worth development by trading at $31.94 by early January. Surprisingly, the value followed an upward motion to reach $141.38 by the tip of June as Bitcoin’s price hit $12,000. The worth once more began to slide further. At the end of December 2019, LTC was trading at $42.23.