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Litecoin Takes a 6.1% Nosedive—Dragging the CoinDesk 20 Into the Red

Litecoin Takes a 6.1% Nosedive—Dragging the CoinDesk 20 Into the Red

Author:
CoindeskEN
Published:
2025-05-20 13:29:14
10
1

Litecoin’s sharp decline leads the index lower as traders scramble—proof that even ’digital silver’ tarnishes in a bearish market.

While the usual suspects blame macroeconomic headwinds, insiders whisper about miner sell-offs and fading institutional interest. Another day, another crypto ’correction’ that looks suspiciously like a fire sale.

Bonus jab: Wall Street still can’t decide if this is a buying opportunity or another reason to short your favorite ’store of value.’

9am CoinDesk 20 Update for 2025-05-20: full chart

Leaders: AAVE (+9.8%) and HBAR (+0.7%).

Laggards: LTC (-6.1%) and FIL (-2.9%).

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

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