🚨"Litecoin Jumps 8% as $1 Billion in Daily On-Chain Transfers Signal Renewed Network Demand" $ALEO
Litecoin surged ~8% to near $69** — an 8-month high — after **$1 billion (17M LTC) moved across its network in a single day, a spike the Litecoin Foundation flagged as evidence of real usage. The rally outpaced Bitcoin and other majors, with futures open interest topping $500M** and spot volume tripling. A **golden cross** on the daily chart and anticipation of the **July 2027 halving** add to the bullish case. Key support sits at **$64; next upside target is $71.
Litecoin surged ~8% to near $69** — an 8-month high — after **$1 billion (17M LTC) moved across its network in a single day, a spike the Litecoin Foundation flagged as evidence of real usage. The rally outpaced Bitcoin and other majors, with futures open interest topping $500M** and spot volume tripling. A **golden cross** on the daily chart and anticipation of the **July 2027 halving** add to the bullish case. Key support sits at **$64; next upside target is $71.
