Why Bitcoin (BTC) Could Not Surpass Litecoin (LTC) In This Key Area
Bitcoin is slowly losing its grip on the bullish momentum it had for the last couple of days, declining by 2.7% over the last 24 hours.
At press time, according to tracking from Coingecko, the alpha crypto is trading at $20,392 and is once again showing a little sign of retreat in the past few hours.
Bitcoin struggles to break past the $20,500 marker
Despite bull run, BTC failed to enter the top 10 list of Galaxy Score
LTC leaves Bitcoin behind after cracking the LunarCrash’s metric list
At times
Why Bitcoin (BTC) Could Not Surpass Litecoin (LTC) In This Key Area
Bitcoin is slowly losing its grip on the bullish momentum it had for the last couple of days, declining by 2.7% over the last 24 hours.
At press time, according to tracking from Coingecko, the alpha crypto is trading at $20,392 and is once again showing a little sign of retreat in the past few hours.
Bitcoin struggles to break past the $20,500 marker
Despite bull run, BTC failed to enter the top 10 list of Galaxy Score
LTC leaves Bitcoin behind after cracking the LunarCrash’s metric list
At times like these, the largest cryptocurrency in terms of market capitalization seems vulnerable and can be outperformed even by some of the lesser known altcoins like Litecoin (LTC).
Such was the case with Galaxy Score – a metric provided by LunarCrush designed to provide help in understanding crypto movement through extensive data analysis.
Litecoin managed to enter the top 10 list while Bitcoin was left out – a development that came as a surprise.
Bitcoin Misses Out On A Potential Bullish Signal
While Galaxy Score is not a dominant and prominent indicator that can determine the trajectory of a crypto asset’s price movement, being included in its top list usually indicates a bullish rally.
Litecoin took the 6th spot in the recent ranking, coming behind Collie Inu, Flux, AmpliFi, Neblio and Callisto Network while outranking WadzPay, OKB, SONM and Ambrosus.
Meanwhile, Bitcoin wasn’t included on the list despite its massive surge and undeniable popularity.
LTC also racks up another positive development as it was listed by CeFi and DeFi platform Blockbank.
— Christian Encila of NewsBTC - Bitcoin & cryptocurrency news today, price & technical analysis
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