Over the past year, many of the market’s altcoins have shown signs of decoupling from the price movement of Bitcoin, the world’s largest cryptocurrency. However, this wasn’t evident when the movement of the crypto-market in the month of September was assessed. In fact, while many of these alts did follow Bitcoin’s lead when BTC fell, most weren’t on the same wavelength when BTC recovered and at press time was being traded at $10,944.
As a result of the same, many cryptos like Litecoin and Dogecoin were continuing to stagnate on the charts.
Litecoin, the crypto dubbed the “silver” to Bitcoin’s “gold,” has been underperforming on the price charts for a long time now. Apart from a brief 20-day period between the last week