Rally

Litecoin

April

Coin

<ul class="news-points">
 <li>Litecoin’s LTC sees a 7-day high, buoyed by CFTC commodity status.</li>
 <li>LTC addresses surpass 8 million, signaling surging adoption &amp; market interest.</li>
 <li>Coinbase’s LTC futures could boost liquidity, awaiting CFTC nod for April launch.</li>
</ul>
<a href="https://coinedition.com/tag/litecoin-ltc/" target="_blank" rel="noopener noreferrer nofollow">Litecoin (LTC)</a> has been on a bullish streak in the last 24 hours, recording a 7-day high after finding support at the intra-day low of $87.78. This surge occurs in the light of supportive trends in the cryptocurrency market, particularly the news by the Commodity Futures Trading Commission (CFTC) about Litecoin being a commodity in the KuCoin case. This classification has attracted attention from both investors and traders, leading to the price of LTC gaining positive momentum.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/ZbSwfypwL3Zo6tqTCmgsXMYln9g5rjVMN6v4LrFBgX2iC9PM-6AkAg9DlzFBn4xKJtFwseNSjI3W_9q9SLXFr9XdnhdU00fdIchqUupWeLem3232sjMWqtgj8Kev3PHD3cswznI_zlz3ro08WuzOqBo" alt="">
 <figcaption class="wp-element-caption">LTC/USD 24-hour price chart (source: <a href="https://coinstats.app/coins/litecoin/" target="_blank" rel="noopener noreferrer nofollow">CoinStats</a>)
 </figcaption>
</figure>
The bullish momentum was still in charge by press time, and LTC’s price was up $95.63, a 4.96% rise from the intra-day low, although it had been seen as resistant at $96.97. Simultaneously, 4.06% and 105.86% growth were observed in the market capitalization and 24-hour trading volume, which reached $7,112,289,305 and $1,185,293,147, respectively.
<h2 class="wp-block-heading" id="h-coinbase-futures-trading-announcement-nbsp">Coinbase Futures Trading Announcement&nbsp;</h2>
Among the reasons t…
The post <a href="https://coinedition.com/litecoin-ltc-hits-7-day-high-amid-cftc-commodity-buzz-will-the-bull-rally-last/" rel="noopener noreferrer nofollow">Litecoin (LTC) Hits 7-Day High Amid CFTC Commodity Buzz, Will the Bull Rally Last?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Litecoin (LTC) Hits 7-Day High Amid CFTC Commodity Buzz, Will the Bull Rally Last?

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