Litecoin settles higher for first session in three

Litecoin tilted higher on Tuesday, carrying on the modest gains of last week after profit-taking efforts wiped most of the hefty gains made at the start of last week on the back of news that cryptocurrency Tether will be dumped off many platforms, with traders flocking back then to safer and more "traditional" crypto assets. 

As of 05:21 GMT, Litecoin rose 0.09% to $53.119, with an intraday high at $53.368, and a low at $52.860. 

Litecoin marked the first weekly profit in four last week, boosted by a 6% surge at its start, the best daily performance since September 27.

The Path of Litecoin

Litecoin was first publicly offered in the first half of 2013 at only $3, marking record lows at below $1 in early 2015 before taking off on its long and spotted journey higher. 

The cryptocurrency pierced $100 for the first time on November 29, 2017, before scaling a record high at $370.78 on December 19, and plummeting back below $100 on June 12, then moving on to $$47.22 on September 12.