Litecoin spikes 20% after hoax reports that Walmart would accept the cryptocurrency
September 13, 2021 at 11:03 AM EDT
Holders of litecoin saw prices briefly surge Monday after Walmart said that it would accept the cryptocurrency as payment at its retail venues, delivering a major vote of confidence to digital assets broadly and specifically to a virtual coin that has largely been overshadowed by the likes of bitcoin and on the Ethereum blockchain.