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Thursday, August 8, 2024
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    HomeFinanceWhy is the value of Litecoin rising at the moment?

    Why is the value of Litecoin rising at the moment?

    Litecoin (LTC) turned one of many best-performing cryptocurrencies on June 1 because the market’s focus shifted to the community’s sturdy progress in current months.

    LTC jumped 3% to a every day excessive of round $95. As compared, its greatest competing asset, (BTC) and Ethereum (ETH), fell by 2.25% and 1.75% respectively, thus registering a uncommon market decoupling.

    every day worth chart vs and. Supply: TradingView
    Litecoin non-zero addresses rely. Supply: IntoTheBlock
    Litecoin: variety of addresses. Supply: Glassnode
    LTC/USD every day worth chart. Supply: TradingView
    LTC/USD weekly worth chart. Supply: TradingView

    Proceed studying Coin Telegraph.

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