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ETC Remains Near 2-Month Low, LTC Down by 4% on Monday

Ethereum classic remained near a two-month low on March 6, as a cloud of uncertainty continued to hover over markets. The global crypto market cap remained bearish to start the week, and is down 0.55% at the time of writing. Litecoin also moved lower on Monday.

Ethereum classic (ETC) started the week trading close to a two-month low, as volatility in crypto markets remained high. ETC/USD slipped to an intraday low of $19.26 on Monday, a day after trading at a peak of $20.05. The move has pushed ethereum classic towards Friday’s bottom at $18.89, which was its weakest point since January 6.

In addition to ethereum classic, litecoin (LTC) was another notable mover, as the token fell by as much as 4%. Following a high of $91.27 on Sunday, LTC/USD dropped to a bottom at $87.15 during Monday’s session. As a result of this move, litecoin moved closer to a floor at $86.00, which was last hit on Friday, and also a six-week low.

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