Litecoin (LTC) has surged 15% to reach $130, regaining its position among the top 20 cryptocurrencies with a market capitalization approaching $10 billion. This price movement is driven by technical indicators suggesting a potential breakout towards $200, with some analysts eyeing a long-term target of $750.
The rally is fueled by speculation surrounding potential ETF approvals, with filings from Grayscale, CoinShares, and Canary Capital drawing significant attention. Such approvals could enhance institutional access to Litecoin, potentially driving further price increases.
Litecoin Jumps 15% to $130 Amid ETF Speculation
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