Why Is Litecoin (Ltc), a Cryptocurrency Based on the Bitcoin Protocol, Rising So Much? Etf Optimism Leads to 19% Price Increase
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Litecoin, a cryptocurrency built on the Bitcoin protocol, has experienced notable growth as excitement builds around the potential approval of a cryptocurrency-based ETF. Data from CoinMarketCap indicates that LTC has surged nearly 19% in just the past 24 hours. Presently, the U.S. Securities and Exchange Commission is considering the Canary Litecoin ETF and awaits public feedback. Being the first altcoin ETF…