Litecoin Price Jumps 17% on ETF Expectations & Whale Buying Spree

Quick Summary:

This week, LTC price has made a strong comeback, closely following the over all market’s  recovery after positive US inflation data outperforming many other cryptocurrencies, with a 17% rise in just the past 24 hours.

This surge seems to be driven by heavy whale accumulation and growing excitement about the potential approval of Litecoin ETF.

If the upside trend continues and breaches these levels, then the next target might be the $150 psychological  barrier.

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Article Details

Category: Crypto

Markets: India

Topics: Ltc price Litecoin price analysis Price Analysis Litecoin Price

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-16 @ 09:47:55 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 391 words

Reading Time: 3 minutes read

Sentences: 41 lines

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Copyright Owner: © CoinGape

News ID: 25190613

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