The last few days saw a general retracement across crypto-markets. Bitcoin retraced $35 dollars or 7.6 percent after making new yearly highs on Fxopen. This prompted Litecoin to fall by a similar percentage and lead to an end of its rally.
Bitcoin Falls 7.6 Percent
Bitcoin fell by $35 dollars after hitting a new high on Fxopen. Prices briefly pierced the previous high of $459.20 to make a new yearly high at $460.48. As we’ve previous mentioned, the yearly high reached on other bitcoin exchanges back in November was closer to $504 dollars per coin.
Read More https://blog.fxopen.com/litecoin-rally-ends-as-bitcoin-retraces/