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Categories:

Hot right now:

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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Litecoin’s Market Cap Surges by $1 Billion Amid Holder Profit-Taking

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Litecoin’s Market Cap Surges by $1 Billion Amid Holder Profit-Taking

The post Litecoin’s Market Cap Surges by $1 Billion Amid Holder Profit-Taking appeared first on Coinpedia Fintech News

Litecoin (LTC) added $1 billion to its market cap last week, climbing to a two-year high of $119.64. This 15% surge prompted long-term holders to liquidate their positions, as Glassnode’s Liveliness metric hit a year-to-date high of 0.71, signalling increased coin movement. Despite the selling pressure, LTC remains bullish, trading above its Ichimoku Cloud. Analysts predict potential gains toward $143.41, though a retracement to $107.58 is possible if momentum weakens. Litecoin’s ongoing rally underscores its resilience and market confidence.

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