Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.

What’s Going On With Ethereum Classic And Litecoin?

Ethereum Classic (CRYPTO: ETC) and Litecoin (CRYPTO: LTC) are trading lower by 3.63% to $21.20 and lower by 4.63% to $92.08 Thursday afternoon. Weakness in the broader altcoin space may be due to a sympathy move
byHenry Khederian
February 9, 2023
1 minute read
Total
0
Shares
0
0
0
0
0
0

Ethereum Classic (CRYPTO: ETC) and Litecoin (CRYPTO: LTC) are trading lower by 3.63% to $21.20 and lower by 4.63% to $92.08 Thursday afternoon. Weakness in the broader altcoin space may be due to a sympathy move lower with apex-crypto Bitcoin and second-largest market cap crypto Ethereum and in potential reaction to Robinhood Markets Inc fourth-quarter earnings, in which it reported a 24% decrease in crypto transaction-based revenues.

A Coindesk report suggesting Kraken agreed to shutter crypto-staking operations to settle SEC charges could also be impacting crypto prices.

See Also: What’s Going On With Robinhood Stock? and If You Invested $100 In Dogecoin When Musk Was Sued For Alleged Crypto Pyramid Scheme, Here’s How Much You’d Have Now

 
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
Share 0
Related Posts
Read More

S&P 500, Nasdaq 100 Dip From Record Highs As Investors Take Chipmaker Profits; Energy Sector Rebounds, Yields Rise: What’s Driving Markets Thursday?

By Piero Cingari
June 20, 1:41 PM
After the Juneteenth holiday break, Wall Street reopened with a cautious tone, as the S&P 500 and Nasdaq 100 indices declined after hitting all-time highs around midday trading in New York. This decline was driven by profit-taking in chipmaker stocks and rising Treasury yields, which dampened risk sentiment.

ACN