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Litecoin (LTC), which is often referred to as the “silver” to Bitcoin's “digital gold,” is making a remarkable comeback. This resurgence has been sparked by renewed interest from investors, driven by the recent listing of Litecoin and Bitcoin Cash on EDX Markets, a Wall Street-backed exchange, which was launched on 20 June 2023.
The Litecoin halving is no less than a month old, and the price is displaying extreme bullishness. The price during the past weekend surged magnificently and marked levels last seen in April 2022.
Litecoin (LTC), one of the top ten altcoins, has managed to gain a bullish momentum, jumping an impressive 28% over
In recent weeks, the prices of some of the major altcoins have begun to move against the trend of Bitcoin. In particular, today we examine BNB (Binance coin), XRP (Ripple) and LTC (Litecoin).
After a bullish Sunday, LTC was on the back foot this morning. However, gains across the broader market would support another run at $120.
Litecoin's (LTC) value is experiencing an upward trend after an eventful second quarter, as crypto analytics company IntoTheBlock reported.
Cryptocurrencies outperformed key financial assets like stocks and commodities in the first half of the year. Bitcoin, the biggest crypto in the world, more than doubled from its lowest point in December. This rebound led to other major gains among other altcoins like Compound (COMP), The Graph (GRT), Litecoin (LTC), Filecoin (FIL), and Maker (MKR).
A closely followed crypto strategist believes that Litecoin (LTC) isn't finished rallying even after its strong performance over the last few days. Pseudonymous analyst Rekt Capital tells his 347,500 Twitter followers that LTC is currently following a script that could send the peer-to-peer payments network to a level last witnessed in January 2022.
The cryptocurrency market is no stranger to surprises and unexpected movements, but every now and then, a transaction comes along that leaves the entire community buzzing with speculation and intrigue. Such was the case when Binance, one of the leading players in the cryptocurrency exchange space, executed a stunning transfer of 144,396 Litecoin (LTC) – a staggering sum valued at an impressive $16,053,446 at the time of the transaction.
Bitcoin's narrow range trading may end soon and if an upside breakout happens. Meanwhile, LTC, XMR, AAVE and MKR are showing strength.
In a surprising turn of events, Litecoin is on a winning streak. Defying market trends, its value has taken an upward surge, and the cryptocurrency world is abuzz with speculation.
Widely followed crypto analyst Dave the Wave, known for numerous epic calls in the last several years, is currently bullish on Litecoin (LTC) and Bitcoin (BTC).
Top 5 altcoins to watch in the crypto market in July 2023: An important Ethereum conference will be held on July 5-9. A Radix (XRD) upgrade will go live while SysCoin (SYS) will release its public mainnet.
The price of LTC has surged over 27% since Thursday as the one-month countdown to the Litecoin halving begins.
As we transition into the latter half of 2023, the cryptocurrency market remains highly volatile, influenced by ongoing legal disputes and economic turmoil. Bitcoin and Ethereum, despite their consistent prominence, have been trading within a narrow range near pivotal levels, leading investors to shift their focus toward altcoins in hopes of elevating their portfolios.
In a significant development for the Canadian cryptocurrency market, the Canadian government has granted approval for unlimited trading of Litecoin (LTC) and three other cryptocurrencies on exchanges. This move comes as Canada continues to explore and support the blockchain industry.
After a Saturday consolidation, LTC was back on the move this morning. The bulls have taken the lead as the halving event rapidly approaches.
The crypto space has experienced a roller coaster ride in the past seven days as the Bitcoin price remains stuck around $30,500. Besides, the altcoins are gearing up and have maintained enough strength at the same time.
Litecoin's (LTC) price is on the rise as closes an ‘exciting' second quarter, according to the crypto analytics firm IntoTheBlock. LTC is trading at Litecoin is trading at $105.56 at time of writing and is up more than 24% in the past 24 hours.
The rejection of ETF applications by the SEC caused a knee-jerk reaction but the shallow fall in Bitcoin and several altcoins suggests that lower levels are attracting buyers.
Also, this week's news surfaced doubts about BlackRock's Bitcoin spot ETF application.
Litecoin was the top gainer in the last 24 hours among assets with a market valuation of more than $2 billion.
Litecoin Price Analysis: Amid the increasing bullish momentum in the crypto market, the Litecoin price witnessed a massive surge on June 30th. This rally could be associated with news that the Canadian government gives approval for unlimited trading of Litecoin (LTC) along with three other cryptocurrencies.
Litecoin mounts above the Q1/Q2 2023 price ceiling ahead of August halving. Will bulls hold their end in Q3?
