Litecoin rose nearly two percent, or $0.5 on Tuesday away from June 2017 lows on limited short-covering to the recent heavy losses that plagued crypto assets. 

As of 05:41 GMT, Litecoin rose 1.70% to $30.736, with a session-high at $31.046, and a low at $29.536. 

Litecoin is still heading for the seventh monthly loss in a row, marking the longest such streak since the first half of 2015 after tumbling 26% last week, the worst weekly performance since March. 

Cryptocurrencies are experiencing an overall exodus of cash and investments, instigated partly by uncertainty surrounding Bitcoin Cash, which led the decline last week. 

Last Wednesday, International Monetary Fund head Christine Lagarde suggested on global central banks and their respective governments the possibility of issuing their own digital currencies to make them more stable and controlled and accessible for all sectors instead of the current mayhem in that market. 

Lagarde believes that payments through digital currencies would be instant, safe, and cheap, and while they would be anonymous, central banks will keep a database of all payments, cutting out fraud and money laundering operations. 

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, before marking 14-month lows this week at $31.535.  

Silver futures tilted higher in Asian trade as the dollar index dipped from November 15 highs for another session, ahead of US housing data later today. 

As of 05:37 GMT, silver futures due in March added 0.05% to $14.35 an ounce, while the dollar index shed 0.08% to 97.00 away from two-week highs. 

Now investors await a speech by Federal Reserve Governor Richard Clarida about data dependence and monetary policy at The Clearing House and Bank Policy Institute's Annual Conference, in New York later today. 

An index tracking housing prices is expected with a 0.4% increase, up from 0.3% in August, while another gauge for consumer confidence is expected with a slip to 136.2 from 137.9. 

Gold futures fell in Asian trade off November 7 highs as the dollar index tapered off November 15 highs for another session, ahead of US housing data later today. 

As of 03:31 GMT, gold futures due in February inched down 0.05% to $1,221.80 an ounce away from three-week highs, while the dollar index gave up a meager 0.05% to 97.03 off two-week highs. 

Now investors await a speech by Federal Reserve Governor Richard Clarida about data dependence and monetary policy at The Clearing House and Bank Policy Institute's Annual Conference, in New York later today. 

An index tracking housing prices is expected with a 0.4% increase, up from 0.3% in August, while another gauge for consumer confidence is expected with a slip to 136.2 from 137.9. 

The New Zealand dollar tilted lower in Asian trade off June 26 highs for the fifth session out of eight, following earlier trade data from New Zealand and ahead of US housing data later today. 

As of 02:38 GMT, NZD/USD shed 0.10% to 0.6763, with an intraday low at 0.6754, and a high at 0.6777. 

Earlier New Zealand data showed the trade deficit shrank to 1.295 billion dollars from 1.596 billion in September, still considerably above estimates of 850 billion. 

Imports rose to 6.15 billion from 5.89 billion in September, while exports rose as well to 4.86 billion from 4.33 billion, below estimates of 4.88 billion. 

Markets await the biannual report for financial stability by the Reserve Bank of New Zealand before a press conference held by RBNZ Governor Adrin Orr on the same subject. 

Investors also await a speech by Federal Reserve Governor Richard Clarida about data dependence and monetary policy at The Clearing House and Bank Policy Institute's Annual Conference, in New York later today. 

An index tracking housing prices is expected with a 0.4% increase, up from 0.3% in August, while another gauge for consumer confidence is expected with a slip to 136.2 from 137.9.