Does anyone know why LTC seems to be on such a downtrend lately?
It's only on a down tend if you've recently came into LTC. I still have every Litecoin I have ever mined and majority of the "few" I have are from when LTC was valued in pennies.
LTC could drop to $0.25 and I would still be way ahead.
It's also just not Litecoin, it's all alts that are dropping in price due to BTC rising.
~BCX~