Litecoin , the cryptocurrency considered silver to bitcoin’s gold, and one that’s often missing from day-to-day crypto discussions, has bucked the broader market weakness over the past 24 hours.
LTC currently ranked 24th largest by market cap, has gained nearly 8% to $66 in 24 hours, the highest since January. Prices are up 37% this month, the best performance since November 2024, according to CoinDesk.
Bitcoin , meanwhile, has dropped 3% in 24 hours and is only up 6% for the month. ETH, XRP, SOL and other top 10 coins show a similar performance profile, lagging well behind LTC.
The exact reason for LTC’s outperformance is unclear as of now. The Litecoin Foundation attributed it to increased economic activity on the network.
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