Bearish momentum can affect all major cryptocurrencies when people least expect it. As far as the current trend is concerned, it was a mere matter of time until the momentum soured. All markets are getting battered right now, with the Litecoin price losing nearly 12% in very quick succession. Turning this ship around will prove rather difficult. Litecoin Price Heads Below $85 Again A lot of cryptocurrency traders keep a small amount of Litecoin as part of their portfolio. In this volatile industry, diversification is key at all times. Although the Litecoin value surpassed $90 earlier in the week, it
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