Litecoin rises 4.3% to $56 as open interest climbs
- —LTC's price rose 4.3% to $56, with a weekly range of $50.22–56.17
- —LTC futures open interest rose 6% to 7.49 million coins ($420.89 million)
- —On Binance, open interest rose 9.35% to 1.56 million LTC ($87.37 million)
- —LTC remains 86.3% below its all-time high of $410.26
Why it matters: Rising open interest alongside price points to an influx of new positions in LTC, which could amplify volatility in the coming days.
Source: The Crypto Times