Litecoin declined close to 20% within the space of 24 hours, following the broader cryptocurrency market lower as digital assets saw red. "The pullback in Litecoin is indicative of the general market pullback," said Charles Thorngren, CEO of Noble Alternative Investments. Thorngren emphasized that as the market adjusts, Litecoin might experience more aggressive selling activity because it has surged lately. "From a trading standpoint, Litecoin could see a slightly higher percentage of selling due to the recent gains versus the broader market. Disclosure: I own some Bitcoin, Bitcoin Cash and Ether.

Source: Forbes February 21, 2018 20:19 UTC