LTC holds near $53.49 amid $298 million liquidations and ETF expectations
- —LTC at $53.49, down 0.60% in 24 hours
- —$298 million liquidated in 24 hours, 79% longs
- —LTC trading volume 21.76% below the 30-day average
- —Canary Capital's spot ETF LTCC already trading, CoinShares has filed
Why it matters: The spot ETF and SEC filings could boost institutional demand for LTC, but weak volume and a bearish MACD point to a risk of losing support at $53.36.
Source: DiarioBitcoin