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What factors influence the LTC/USDT price?

avatarAlexey OrekhovNov 23, 2021 · 3 years ago1 answers

What are the main factors that affect the price of LTC/USDT?

What factors influence the LTC/USDT price?

1 answers

  • avatarNov 23, 2021 · 3 years ago
    At BYDFi, we believe that the liquidity and trading volume on our platform can have an impact on the LTC/USDT price. Higher liquidity and trading volume can attract more traders and investors, which can potentially drive up the price. However, it's important to note that BYDFi is just one of many exchanges where LTC/USDT is traded, and the price is ultimately determined by the overall market supply and demand dynamics.