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LTC bounces within recent range as all major moving averages point lower
Litecoin (LTC) has risen $1.83 (4.30%) over the past week, currently trading in the middle of its weekly range, with volatility at 9.88%. The asset remains well below its weekly MA-20 ($52.91), MA-50 ($79.49), and MA-200 ($80.60), indicating continued bearish pressure with no support from medium- or long-term moving averages. The launch of the first US spot Litecoin ETF, Canary Capital's LTCC, on Nasdaq marked a milestone for regulated institutional access, following the SEC and CFTC's classification of Litecoin as a commodity. Despite this development, net inflows into the ETF have been modest, with assets under ... (full story)
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