Litecoin (CRYPTO: LTC) is higher Friday as Bitcoin climbs off the $60,000 area it tested late Thursday, rising roughly 8% to push back toward $70,000 after a sharp sell-off. Bitcoin’s turnaround is helping steady sentiment across crypto and lifting riskier altcoins, including Litecoin.
Here’s what traders and investors need to know.
$LTC stock is surging Friday. Where is $LTC headed?
Why Rising Bitcoin Prices Are Bullish For Litecoin
Bitcoin is crypto’s benchmark asset and the first destination for fresh capital. When BTC turns higher, traders typically rotate into large, widely listed altcoins like Litecoin that can magnify Bitcoin’s move.
The …Full story available on Benzinga.com
