The crypto market experienced a sharp decline following news that Google was testing its new quantum computing chip, which raised concerns about the security of crypto wallets and privacy. Litecoin was not immune to the drop, falling over 8% but later recovering. However, despite the price setback, Litecoin continues to show strong network activity, surpassing other altcoins like Dogecoin and Cardano. Its high daily transaction volume and its role in real-world payments contribute to its utility and engagement. Additionally, Litecoin's hash rate reached a new all-time high, indicating increased network security and resilience. BIT Mining's announcement of its profitable mining of Litecoin and Dogecoin further strengthens their appeal.



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