Data: Last week, the on-chain transaction volume of Litecoin exceeded 412 million LTC, doubling from the same period last year
According to data from the encryption analysis platform IntoTheBlock, the on-chain transaction volume of Litecoin (LTC) last week exceeded 412 million LTC, doubling from the same period last year (196 million LTC). According to CoinMarketCap data, the current trading price of LTC is $62.78, down 5.42% in the past 24 hours.
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Paying the price for supporting the yen? Japan's foreign reserves fell by $87.8 billions in August, possibly due to selling US Treasuries for funding.
Japanese authorities may have used part of their foreign exchange reserves, including foreign securities such as U.S. Treasury bonds, over the past month to fund record-sized foreign exchange intervention operations.
