After a week-long pause, both Bitcoin and Litecoin continue their respective downtrends. Big Brother is down by $19 or 3.3 percent while LTC is trading lower by 20 cents or 5.3 percent. As usual, we’ll go over Bitcoin first and go back to Litecoin later on.
Bitcoin Down by $19
After seven days stuck in a tight range, BTC/USD finally broke down on Sunday, trading as low as $556.66 before rebounding. We are currently quoted slightly higher at $564 per coin.
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