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Biggest Movers: LTC, LINK Rebound on Monday, Despite Crypto Market Red Wave

Litecoin rose marginally higher to start the week, despite cryptocurrency markets mostly trading lower on Monday. The global crypto market cap is down 0.15% at the time of writing, as volatility remains high. Chainlink also moved higher in today’s session.

Litecoin (LTC) bounced from a key point of support to start the week, as the token rallied, despite Monday’s crypto red wave. Following a low of $84.92 on Sunday, LTC/USD raced to an intraday peak of $88.89 earlier in today’s session. As a result of this move, litecoin moved further away from its price floor at $86.00, and is now trading at its highest point since last Friday.

Chainlink (LINK) was also in the green in today’s session, and the token rose by as much as 2%. LINK/USD climbed to a peak of $7.25 to start the week, following a low of $6.92 on Sunday. Today’s rebound sees LINK move away from the three-and-a-half-week low registered over the weekend.

(by Eliman Dambell)

Litecoin Litecoin $88.89
-0.52%
Litecoin chainlink Cryptocurrency
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