Why Altcoins Like Fantom and Litecoin Dived Today
Capping a generally lousy week for cryptocurrencies, the U.S. dollar values of many altcoins took big hits on Friday.
Few were spared, with both high-market cap tokens and the lower profile cryptos falling at double-digit rates. Among these were Fantom (CRYPTO: FTM), with a relatively steep drop of almost 19% on the day, and Litecoin (CRYPTO: LTC), Bitcoin Cash (CRYPTO: BCH), and Uniswap (CRYPTO: UNI), all sinking at around the 13% mark.
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Source Fool.com