{"id":371930,"date":"2019-02-19T14:00:27","date_gmt":"2019-02-19T14:00:27","guid":{"rendered":"https:\/\/uniquehot.com\/?p=371930"},"modified":"2024-06-11T07:44:42","modified_gmt":"2024-06-11T07:44:42","slug":"litecoin-outperformed-bitcoin-since-november","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/litecoin-outperformed-bitcoin-since-november\/","title":{"rendered":"Litecoin Massively Outperformed Bitcoin Since November Sell-Off By 4x"},"content":{"rendered":"

Investors who purchased Litecoin during the significant November 2018 sell-off earned four times more returns than the investors who bought Bitcoin, highlighted Joe McCann.<\/p>\n

The financial expert, who serves as the head of systematic trading at crypto asset management firm, Passport Capital, calculated the returns made by the “silver cryptocurrency” from its three-month low to its three-month session high. He found that between November 14, 2018, and February 18, 2019, bitcoin price<\/a> recovered up to 25.19 percent from its session low. On the other hand, Litecoin corrected as high as 118.67 percent within the same timeframe.<\/p>\n

\"bitcoin, — Bitcoin vs. Litecoin | Source: Joe McCann Twitter Profile<\/figcaption><\/figure>\n
“Looking at how LTC had outperformed BTC since the epic selloff on November 14th, 2018, we can see that LTC has outperformed BTC by better than 4:1 from the current cycle low to the current session high,” McCann stated.<\/p>\n
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Looking at how #LTC<\/a> has outperformed #BTC<\/a> since the epic selloff on November 14th 2018, we can see that LTC has outperformed BTC by better than 4:1 from current cycle low to current session high.<\/p>\n
As mentioned before, LTC has historically led BTC rallies… pic.twitter.com\/AkAN6GPf8j<\/a><\/p>\n
— \u25e2 J\u25cee McCann \ud83e\uddca (@joemccann) February 18, 2019<\/a><\/p><\/blockquote>\n