LTC, the ticker for Litecoin, the cryptocurrency that powers the crypto-payments-focused Litecoin blockchain, was last trading around 3.5% lower on Thursday in the $94 area, having pulled back to the south of its 21-Day Moving Average at $95.50 and from earlier weekly highs in the $98.50 area. The cryptocurrency’s latest pullback comes in tandem with a broader easing of crypto prices after fresh US data (weekly jobless claims) pointed at a still-hot labor market and economy, pressuring risk assets and supporting Fed tightening bets.
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