
- Litecoin price dipped 2% to $117 on Wednesday as crypto traders reacted to US court’s decision to lift the Federal ban on the cryptocurrency mixer platform, Tornado Cash.
- Litecoin traders continued to enter new positions amid the price dip, with LTC open interest rising to $577 million
- With speculative traders capitalizing on the price dip to enter fresh positions at lower prices, technical indicators also highlight key rebound signals.
Litecoin price slipped toward $117 as a United States (US) court overturned the federal sanctions level against the Tornado Cash cryptocurrency mixing protocol. Will the regulatory clarity surrounding
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