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The Litecoin (LTC) price could be on the cusp of skyrocketing this year, as odds that a spot Litecoin ETF launches in the USA this year rise. The post Litecoin Price Set to Skyrocket as ETF Hype Rises – 3x Gains Possible? appeared first on Cryptonews.
TMX VettaFi Investment Strategist Cinthia Murphy joins CoinDesk to discuss the optimistic future for crypto ETF products in the current administration as President Trump has showed a friendlier stance towards digital assets. Plus, which among Litecoin, XRP and Doge will be the first to get a green light on its ETF?
Ever since the SEC considered the spot LTC ETF filing and acknowledged it, the Litecoin price has been on the rise. The token has been displaying immense strength with a considerable amount of volume in times when major tokens like Bitcoin or Ethereum are facing huge upward pressure.
A widely followed analyst believes that one large-cap altcoin now has a compelling narrative that will fuel its surge to a fresh record high.
Litecoin recent price action has left traders at a crossroads as the cryptocurrency struggles to recover from a sharp rejection at $131. After an attempt to push higher, LTC failed to hold its momentum, turning $113 into a critical level that could shape its next move.
Litecoin (LTC) has emerged as one of this year's strongest performers, climbing 14% year-to-date as speculation grows around a potential spot exchange-traded fund (ETF) approval in 2025. On prediction markets like Polymarket, traders have increased the odds of Litecoin's ETF approval from 50% at the start of the year to 84% today.
In a notable divergence from the prevailing cryptocurrency market downturn, Litecoin (LTC) has experienced a significant rally over the past few days. This surge is attributed to increased accumulation by large investors, commonly referred to as “whales,” indicating a growing confidence in LTC's potential for further gains.
Litecoin price has done well since August last year, helped by the rising odds of a spot LTC ETF jumped. It has risen by about 127% from its lowest point in August last year, making it one of the top cryptocurrencies.
Hedera (HBAR) was also among the underperformers, dipping 3.9%.
The race for the next big crypto ETF is heating up, and Litecoin might just be leading the pack. Why do experts believe an LTC ETF could be the first to hit the market in 2025?
Bitcoin and other altcoin prices traded lower on Wednesday after the U.S. released hotter-than-expected consumer inflation data. Bitcoin (BTC) fell by 3%, while other popular altcoins saw steeper declines.
The likelihood of the U.S. Securities and Exchange Commission (SEC) approving a Litecoin (LTC) Exchange-Traded Fund (ETF) in 2025 has reached an impressive 90%, according to analysts at Bloomberg. This potential approval represents a significant milestone in the cryptocurrency market, with Litecoin poised to become the first altcoin outside of Bitcoin and Ethereum to secure such approval.
Litecoin's 20% price surge to $132 coincides with 90% ETF approval probability, strong technical indicators, and growing institutional interest.
Litecoin and Cardano saw significant price jumps over the last 24 hours, with Litecoin climbing by 11% and trading above $128, while Cardano rose 16%, surpassing $0.81.
A crypto strategist who has earned the “Master Trader” rank on the digital asset exchange Bybit thinks Litecoin (LTC) is gearing up for a big burst to the upside. Pseudonymous analyst Bluntz tells his 315,900 followers on the social media platform X that looks bullish against the US dollar and Bitcoin (BTC).
Solana, XRP, Dogecoin, Litecoin—who will defy the odds in the ETF battle?
Litecoin (LTC) has experienced an impressive 20% surge in price over the past two days, reaching over $132. The catalyst behind this rise appears to be increasing speculation surrounding the potential approval of a Litecoin Exchange-Traded Fund (ETF).
Litecoin has experienced a strong bullish surge in recent days, climbing over 30% since last Friday. This impressive rally has positioned Litecoin as one of the top-performing altcoins during a period of market uncertainty.
Rising by 14% in the face of a broad general market volatility, Litecoin (LTC) is once more displaying its strength in the crypto scene. LTC dropped briefly to $102, then swiftly recovered and today rests securely above the $120 support zone.
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Litecoin has surged 13% in the past 24 hours as rumors of an ETF are in the air.
Litecoin (CRYPTO: LTC) has surged 20% over the past seven days, fueled by rising ETF approval expectations and increasing bullish sentiment among traders. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Litecoin (CRYPTO: LTC) $120.98 $9.13 billion +1.1% +17.5% Shiba Inu (CRYPTO: SHIB) $0.00001567 $9.2 billion -1.4% -1.3% Toncoin (CRYPTO: TON) $3.75 $9.3 billion -1.9% -4.4% Trader Notes: Kaleo believes Litecoin is about to pull an XRP, referring to the explosive rally XRP saw after its legal clarity boost.
Amid the ongoing market uncertainty, Litecoin (LTC) is gaining significant attention from crypto enthusiasts due to its impressive performance in recent days. While examining current market trends and asset outlooks, a prominent crypto expert posted on X (formerly Twitter) and made a bold prediction for LTC.
Litecoin ($LTC) has been propelled to the forefront of the altcoin market with recent moves, and technical indicators suggest the rally may just be getting started. The post Could Litecoin Be the Next Big Runner? $1.5 Billion Volume Pushes LTC Up 12% appeared first on Cryptonews.
