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Litecoin (LTC) price is gaining momentum, surging in the past 24 hours as bullish sentiment rises. The rally follows the U.S. SEC's review of the Canary Spot Litecoin ETF application.
Litecoin (LTC) soared 16.07% on Tuesday, reaching $107.96 by 20:48 (01:48 GMT) on the Investing.com Index, marking its biggest single-day gain since December 1, 2024. The rally pushed Litecoins market cap to $8.18 billion, accounting for 0.24% of the total crypto market cap.
Cryptocurrency prices have rebounded this week after the tariff risks eased, with Donald Trump approving a 30-day extension. Bitcoin has jumped above $100,000, while the market cap of all coins jumped to over $3.5 trillion. Cryptocurrency prices have a key catalyst ahead: the potential Litecoin, Hedera Hashgraph, Solana, and XRP ETF approvals.
A Bloomberg analyst reportedly thinks that a Litecoin (LTC) exchange-traded fund (ETF) will likely secure regulatory approval ahead of a similar product for Ripple's XRP. Fortune reports that on Thursday, asset manager Grayscale submitted a filing with the U.S. Securities and Exchange Commission (SEC) to convert its $16.1 million XRP trust into an ETF.
Litecoin (LTC) saw a sharp decline on Sunday, dropping 10.05% to $117.178 by 22:13 (03:13 GMT) on the Investing.com Index. This marks the largest one-day percentage loss since December 18, 2024.
Litecoin (LTC) appears to be gearing up for a possible rally toward the $140 target, contingent on several factors lining up favorably in the market. Recent market movements indicate that Litecoin is exhibiting signs of positive momentum, driven by strong buying interest and favorable liquidity dynamics.
Bloomberg analyst James Seyffart says Litecoin ETF will get approval before Grayscale's XRP ETF. Litecoin never faced any allegations of being a security, unlike XRP.
The price of Litecoin (LTC) has dropped 7% in the last 24 hours, bringing its market cap to $9.33 billion. Despite this decline, technical indicators show mixed signals.
Litecoin (LTC) and Mantra (OM) rallied in double-digits this week. Technical and on-chain analysis suggests the two altcoins are poised for further gains next week.
Litecoin could be on the verge of a bullish rally, if a few conditions are met soon.
Litecoin price had a strong performance this week as it jumped to its highest point since January 18. The surge was most likely because of the ongoing optimism about a potential LTC ETF approval by the Securities and Exchange Commission and the potential inflows.
The crypto market has shifted from bearish to bullish in the second half of the week, improving overall conditions for altcoins. This shift in sentiment has driven strong gains for select assets fueled by rising demand.
Litecoin (LTC) has experienced a remarkable 15% price surge, reaching $125.90 on January 30, 2025. The rally is driven by a combination of favorable market conditions, including positive outcomes from the Federal Open Market Committee (FOMC) meeting, rising ETF speculation, and strong network activity.
The U.S. Securities and Exchange Commission (SEC) has officially acknowledged Canary Capital's proposal for a spot Litecoin (LTC) exchange-traded fund (ETF).
First altcoin ETF on the horizon—will Litecoin break Bitcoin and Ethereum's monopoly?
Litecoin (LTC) has been making waves in the crypto market, with its price soaring by 11% over the past 24 hours. The altcoin reached a daily high of $131.67 before settling slightly lower at $127.19.
The recent departure of former SEC Chair Gary Gensler has optimism fresh optimism in the cryptocurrency community regarding the potential approval of spot crypto exchange-traded funds (ETFs). With filings for ETFs for altcoins like XRP, Solana, and Litecoin, the future of such products now hinges on regulatory clarity.
Litecoin (LTC) is seeing a surge in bullish momentum, with its price climbing 10% in the past 24 hours. The recent rally came as the US Securities and Exchange Commission (SEC) reviewed the application for the Canary Spot Litecoin exchange-traded fund (ETF).
Litecoin price is up today after the SEC acknowledged Canary Capital's spot LTC ETF application within two weeks of its initial filing on Jan. 16.
After a sharp downturn earlier in the week, triggered by the emergence of China's artificial intelligence (AI) model, DeepSeek, Litecoin (LTC) has rebounded strongly, surging nearly 17% in the last few hours to trade at $130 at the press time.
The U.S. Securities and Exchange Commission has acknowledged Canary Capital's Litecoin ETF proposal, saying it would be soliciting comments and asked for those to be submitted 21 days after publication in the Federal Register.
After the week-long corrective pullback that cut across crypto majors, assets like Litecoin and Bitcoin are on a rebound. In both cases, the bulls are striving to break crucial resistance in their quest to retest and surpass recent highs.
Digital coins displayed bullishness on Thursday as Bitcoin steadied above the $100K psychological mark. Cryptocurrencies rallied as Jerome Powell confirmed the Fed's decision to keep rates unchanged during yesterday's announcement. The move maintains the Federal benchmark funds rate within 4.25% – 4.50% and marks the initial pause after multiple cuts in the past three meetings.
Polymarket bettors place 86% odds on the SEC approving Litecoin ETF this year.
