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Litecoin (LTC) is under pressure as the broader market remains bearish, limiting any signs of recovery. With resistance at $147 and support at $102, its next move will depend on market sentiment. Will LTC break lower, or can buyers regain control? LTC Key Statistics Current Price: $122 Market Cap: $9.30 billion Trading Volume (24h): $843.8 million Circulating Supply: 75 million LTC Total Supply: 84 million LTC CoinMarketCap Ranking: #15 Over the past 30 days, Litecoin has dipped 11.85% from its peak, yet it has rebounded impressively—surging 43.44% from its lowest point. In the last week alone, it remains 2.04% above its recent bottom, showcasing resilience amid market fluctuations. LTC/USD Market Key Levels Resistance: $123, $143, $147 Support: $102 , $95, $75 LTCUSD – Daily Chart Litecoin (LTC) is currently trading at $122, experiencing a sharp 5.74% decline as broader market sentiment remains bearish. The price remains within the Keltner Channel,...

Bitcoin (BTC) and the broader cryptocurrency market pulled back from their January 20 highs as the initial wave of optimism following President Donald Trump’s inauguration began to fade.  The global cryptocurrency market cap has slipped to $3.79 trillion, reflecting a 2% decline in the past 24 hours and signaling cooling investor enthusiasm.  Despite this retreat, a handful of cryptocurrencies are emerging as strong contenders, supported by fundamentals and market momentum, positioning them to potentially cross the $10 billion market cap in the first quarter of 2025. Picks for you Solana or Cardano? We asked AI which is a better buy now that 2025 started 2 hours ago MicroStrategy extends Bitcoin buying to 11th consecutive week as ...

Bitcoin and several altcoins are taking a breather after the sharp rally of the past two days, but the general trend remains bullish. Ripple Labs’ victory in the case against the United States Securities and Exchange Commission gives a significant boost to the crypto industry. In addition to benefitting Ripple and XRP (XRP), analysts believe that the ruling will weaken the regulator’s case against Binance and Coinbase. In another positive event for the crypto space, the U.S. dollar index (DXY) completed a bearish head and shoulders pattern on July 12 and followed that up with a drop below the psychological level of 100 on July 13. The DXY typically moves in inverse correlation with Bitcoin (BTC), hence its weakness is a positive sign for the crypto bulls. Daily cryptocurrency market performance. Source: Coin360 LookIntoBitcoin creator Philip Swift said that increased on-chain spending volume shows that Bitcoin is in the first stage of a bull market. The sharp rally in XRP and several ...

Bitcoin has reclaimed the $26,000 level, but will large cap altcoins follow BTC's rebound? Bitcoin (BTC) is witnessing a tough battle between buyers and sellers near the $25,000 mark. A minor cause of worry for the bulls is that even the news of BlackRock having filed an application for a Bitcoin spot exchange-traded fund could not boost prices higher. This suggests that investors remain cautious due to the regulatory overhang. However, this does not mean that professional investors have abandoned plans to invest in cryptocurrencies. The Laser Digital Investor Survey of institutional investors conducted in April shows that 90% of the respondents were ready to consider putting money into crypto if the asset was backed by a “large traditional financial institution.” Another positive was that 82% of the investors polled were positive on crypto’s prospects over the next 12 months. Daily cryptocurrency market performance. Source: Coin360 Glassnode co-founders Yann Allemann and Jan Happ...

The lion’s share of the fintech’s held cryptocurrency assets lie in BTC and ETH with $499 and $362 million respectively — up more than 56% since Q4 2022. Financial technology company PayPal recently disclosed its cryptocurrency holdings in a quarterly report filing to the Securities and Exchange Commision (SEC).  Claiming a combined total of $943 million in crypto currency assets as of March 31, 2023, the filing shows a 56% increase over the company’s previous quarter where PayPal disclosed $604 million. PayPal's reported total financial liabilities for this quarter were $1.2 billion, with crypto assets making up 77.9% — up more than 10% from 2022’s reported fourth quarter liabilities. Related: PayPal crypto partner Paxos raises $300M According to the report, PayPal considers its crypto assets a “safeguarding liability” due to the the “unique risks associated with crypto currencies.” The disclosure also indicates that the specific crypto currencies held by the company remain ...