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.
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.
Litecoin has experienced a notable rally over the last 24 hours, surging by 10%. This rally helped the altcoin recover a significant portion of the losses incurred since the end of January.
The analysts estimate Dogecoin ETF approvals at 75%, while Solana and XRP ETFs have 70% and 65% chances, respectively.
Litecoin (LTC) has seen a significant surge in price recently, gaining 24% over the course of a week, with a massive rise in trading volume. This bullish movement has been fueled by growing optimism surrounding a potential Litecoin ETF, and technical signals suggest that the cryptocurrency may be on the verge of a major breakout.
The crypto market has struggled in the last two weeks, with Bitcoin facing resistance at the $100,000 mark. However, the last 48 hours have seen some semblance of recovery, and the following three coins signal a high upside potential in the near term.
In this top crypto price prediction article, we look at LTC, BNB and XLM prices and why the bullishness will likely continue.
Litecoin (LTC) could soon join the list of spot crypto exchange-traded funds (ETFs) trading in the US, with Bloomberg analysts giving it an over 90% chance of approval.
The recent announcement from the Wall Street asset management firm Grayscale about its filing for a spot ADA exchange-traded product has triggered a bullish momentum among multiple coins, including BTC, ADA, SOL, LTC, and XRP.
Spot altcoin ETFs stand a good chance of being confirmed in 2025, according to Bloomberg ETF analysts. What Happened: Senior Bloomberg ETF analyst Eric Balchunas on Monday stated that Litecoin (CRYPTO: LTC) has the highest ETF approval odds at 90%.
According to analysts from Bloomberg, there is a 90% probability that the U.S. Securities and Exchange Commission (SEC) will approve a spot exchange-traded fund (ETF) based on Litecoin (LTC) by the end of 2025. They estimate the chances of approval for other crypto ETFs, such as those for XRP, Solana (SOL), and Dogecoin (DOGE), at 65%, 70%, and 75%, respectively.
The rally follows Bloomberg analysts raising approval odds for a Litecoin ETF, and Monday's spot Cardano ETF filing.
Litecoin (LTC) price saw a 15% price increase, moving closer to its key resistance level at $130, amid the 90% odds of a spot ETF approval this year.
Can LTC maintain its uptrend momentum driven by ETF speculation?
Well-followed Bloomberg analysts James Seyffart and Eric Balchunas believe exchange-traded products based on cryptocurrencies Ripple's XRP, Solana, Dogecoin, and Litecoin all have favorable odds of securing approvals. Notably, they see the chances of a Litecoin (LTC) exchange-traded fund (ETF) going live in the coming months as higher than those of other ETFs currently proposed.
Recently, Ripple CEO boasted that the approval of an XRP ETF is simply inevitable. Notably, Polymarket bettors also think that there is at least an 81% chance for an XRP ETF proposal to receive its approval this year. However, a research, led by renowned ETF analyst Eric Balchuas, suggests a different view.
Bloomberg analysts predict a 90% chance of SEC approval for a Litecoin ETF in 2025, leading other cryptocurrency ETF candidates
Bloomberg analysts have revealed their approval odds for altcoin ETFs. Litecoin ETFs have a 90% chance of approval, while XRP ETFs have the lowest approval odds.
Prices for Litecoin, Dogecoin, Solana, and XRP are in the green after analysts James Seyffart and Eric Balchunas released their ETF approval odds.
The altcoins market is bustling with activity today as top market analysts highlight the greater odds of approval for a spot Litecoin ETF and spot Cardano ETF. While Ethereum (ETH) and XRP are up by 2-3% each, Cardano (ADA) and Litecoin (LTC) have gained anywhere between 10-15% each amid higher odds of these crypto ETF
There's a 90% chance Litecoin ETFs are approved, followed by 75% odds for a dogecoin ETF.
Litecoin closed the weekly trade with the mighty dragonfly doji, which is powerful and hugely long. This has suggested the token is bracing itself for a strong price action, which has materialized since the start of the week.
Litecoin (LTC) has been gaining attention in the cryptocurrency market once again as its price shows signs of recovery. Currently priced at around $120, Litecoin's market cap stands at approximately $9.08 billion, with a circulating supply of 75.5 million LTC.
Bloomberg ETF analysts Eric Balchunas and James Seyffart have released their latest approval odds for spot altcoin exchange-traded funds (ETFs) in 2025, with XRP receiving the lowest probability.
Bloomberg ETF analysts say Litecoin regulatory filings have been acknowledged and the SEC likely views it as a commodity.
Cryptocurrency prices were on edge on Tuesday morning as investors waited for the upcoming Jerome Powell's congressional testimony and US consumer inflation data. Bitcoin traded at $97,000, while the crypto fear and greed index was at $3.2 trillion. This article explores the forecast of key cryptocurrencies like IOTA, Raydium (RAY), and Litecoin (LTC).
Bloomberg ETF analysts Eric Balchunas and James Seyffart have compiled a list of crypto ETF applications that they believe will have shot at being approved by the U.S. Securities and Exchanges Commission (SEC) this year, and assigned a probability of approval to each filing.
Bloomberg analysts James Seyffart and Eric Balchunas have revealed their predictions for the Solana, XRP, Dogecoin, and Litecoin ETFs. As part of their predictions, they outlined the approval odds for each of these crypto ETFs.
The potential approval of a Litecoin ETF could accelerate mainstream adoption of crypto assets, influencing regulatory frameworks globally. The post DOGE, SOL, XRP ETFs lag behind LTC in approval odds: Bloomberg analysts appeared first on Crypto Briefing.
The analysts estimate that Litecoin ETFs filed by Canary and Grayscale have the highest chance of approval.