Litecoin prices have fallen by close to half their record high of $330, with the cryptocurrency last trading at $156. It’s market capitalisation has also fallen from $17 billion to $8.7 billion now.

The biggest cryptocurrency by value Bitcoin, which witnessed a stellar run last year to hit a peak of almost $20,000, is slowly losing its sheen, trading $7,861.38 on Thursday, while the number of Bitcoin transactions has also tumbled, according to data from blockchain.info.
Transactions fell to a seven-day average of 150,000-155,000 in February compared to the peak of 350,000 in mid-December.“People are not preferring to trade as they are already in losses in Bitcoin and other cryptocurrencies. Now it’s more of a HODL view,” an analyst with Capital TA told Gulf News.
Read more at; http://m.gulfnews.com/business/sectors/markets/is-the-end-nigh-for-bitcoin-other-cryptocurrencies-1.2189409

DQmTFv7UW4RnJ447fZgnLefk8ig5bFxPK9XpWb3kubqZ2PR_1680x8400.png

Is the end of Bitcoin, end for other cryptocurrencies?

Litecoin prices have fallen by close to half their record high of $330, with the cryptocurrency last trading at $156. It’s market capitalisation has also fallen from $17 billion to $8.7 billion now.