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.