Litecoin (LTC) has seen a sharp intraday drop in tandem with the broader cryptocurrency market on Monday, with sell pressure triggered by news that the SEC is suing Binance, Binance.US and the exchange’s founder Changpeng Zhou (CZ) over offering unregistered securities to the general public in the US, as well as a host of other charges.
LTC, the cryptocurrency that powers the payments-focused Litecoin blockchain, was last changing hands in the $88 area, down close to 7% on the day.... Read More: Litecoin Price Prediction as LTC Rallies 5% in a Week – Where is LTC Heading Now?