Litecoin gains 5.2% to $70, outpacing Bitcoin and Ethereum on the day
- —LTC rose 5.2% in 24 hours to $70.52 on about $389 million in volume
- —Over seven days Litecoin is down 1.7%, but up 41.8% over 30 days
- —The network confirmed 173,162 transactions and 569 blocks in 24 hours, with average fees under $0.005
- —Mining difficulty fell 3% to 89,270,497, with hashrate around 2.5 PH/s
Why it matters: The move rests on rising network activity and expectations for Grayscale's ETF filing, which the SEC has not yet approved.
Source: CryptoTicker