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19 September 2021

Litecoin Surges Then Crashes on Fake Walmart News

Litecoin Surges Then Crashes on Fake Walmart News


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Market participants rushed to exchanges to buy Litecoin today after a press release claimed that Walmart was partnering with the asset.

The number 14 cryptocurrency by market cap saw its price jump by 35% today after apress releasereferencing a partnership with Walmart surfaced online.

Data from Bybt shows that Litecoin’s erratic price action causedover $25 million worth of liquidations of long and short positions

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cryptobriefing.com
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