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what is litecoin correlated to

Last Updated on December 1, 2023 by Paganoto

Correlation Between Bitcoin and Litecoin | BTC.CC vs. LTC.CC

Correlation Between Bitcoin and Litecoin | BTC.CC vs. LTC.CC

The correlation between historical prices or returns on Litecoin and Bitcoin is a relative statistical measure of the degree to which these equity instruments tend to move together. The correlation coefficient measures the extent to which returns on Bitcoin are associated (or correlated) with Litecoin.

Bitcoin and Litecoin Price Correlation Analysis – Coinpredictor

Bitcoin and Litecoin Price Correlation Analysis – Coinpredictor

Does Litecoin depend on Bitcoin? Based on the correlation analysis, BTC and LTC have a very strong positive relationship. The correlation coefficient of …

Bitcoin vs. Litecoin: What's the Difference? – Investopedia

Bitcoin vs. Litecoin: What's the Difference? – Investopedia

Which is better depends on your goals, what you want to do with your coins, and your views on cryptocurrency. Litecoins are generated faster than Bitcoin, but …

Why Does Litecoin Follow Bitcoin Closely? – Investopedia

Why Does Litecoin Follow Bitcoin Closely? – Investopedia

Litecoin founder Charlie Lee often refers to the altcoin as the “silver to Bitcoin’s gold.”1 Apart from sharing the same codebase, both cryptocurrencies …

What is Litecoin: A beginners guide to LTC and how it works

What is Litecoin: A beginners guide to LTC and how it works

Litecoin (LTC) is widely considered to be the first alternative cryptocurrency. … It prevents individual inputs and outputs related to transactions from …

Litecoin Is an Interesting Crypto With a Huge Upside

Litecoin Is an Interesting Crypto With a Huge Upside

The net effect is that Litecoin has had a similar correlation with major market moves by Bitcoin. However, Litecoin crypto has also had some …

Litecoin – Wikipedia

Litecoin – Wikipedia

Litecoin (LTC or Ł) is a decentralized peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Inspired by Bitcoin …

THIS is the difference between Litecoin and Bitcoin [2022] – Stilt

THIS is the difference between Litecoin and Bitcoin [2022] – Stilt

Litecoin and Bitcoin produce different amounts of coins. Bitcoin never goes over 21 million coins. Litecoin, on the other hand, can go up to 84 …

Why is Litecoin so closely correlated to Bitcoin in price action?

Why is Litecoin so closely correlated to Bitcoin in price action?

One of the several clone cryptocurrencies that stemmed from Bitcoin, Litecoin “forked” off the Bitcoin ledger in late 2011. It was intended to be the silver to …

Litecoin Should See Broader Appeal With New Privacy …

Litecoin Should See Broader Appeal With New Privacy …

Where Things Stand With Litecoin. Litecoin’s future is highly correlated with Bitcoin (BTC-USD). In fact, it started as a “lighter” version of …