XRP and LTC sustains inflows as Bitcoin sees largest outflow in months $XRP $LTC XRPArmy Litecoin
Ethereum likewise saw $6 million in outflows, bringing total outflows of both Bitcoin and Ethereum to $117 million in the past week.The Bitcoin exodus comes as investors appear to have run out of favorable news to bet on following earlier key price triggers.saw inflows as altcoin sentiment appears to be getting warmer, trying to offset outflows from Bitcoin and Ethereum.
Inflows to XRP and Litecoin total nearly $1 million, accounting for $0.5 million and $0.46 million, respectively. The landmark July 13 ruling, which determined that XRP traded on exchanges is not a security, substantially improved investor confidence in altcoins, as evidenced by sustained inflows in recent weeks.In the past week, precisely on Aug. 2, the Litecoin blockchain had its third halving event at block 2,520,000, with mining rewards now halved to 6.25 LTC per block.
Notwithstanding the lull in price action, Litecoin has retained positive network fundamentals. According to a recent Twitter post,
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