Walmart Says Report That It Will Be Accepting Litecoin as Payment is False

Major cryptocurrencies gave back their advances after Walmart denied having an agreement to use Litecoin for purchases. From a report: Litecoin -- which rose as much as 33% at one point -- erased all its gains. Bitcoin, the largest digital asset, was down 2.9% as of 10:24 a.m. in New York after earlier having advance roughly 4% on the news. Other digital assets also retreated, with Bitcoin Cash, Ether and EOS all declining. A Walmart spokesperson said the statement on Litecoin was "inauthentic." Meanwhile, a verified Litecoin Twitter account deleted a tweet that linked to a press release announcing the partnership.

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