Litecoin (LTC) Surges 9.7% in Weekend Rally – CoinDesk 20 Leader
Litecoin defies the crypto doldrums with a blistering weekend rally.
While traditional markets snoozed, LTC punched through resistance—up 9.7% since Friday. The 'digital silver' to Bitcoin's gold just outshone most of the CoinDesk 20.
No fancy narratives here—just old-school price action that left traders scrambling. The move comes amid whispers of renewed institutional interest (or was that just another hedge fund testing liquidity?).
Technical indicators now flirt with overbought territory. Will this hold, or is it another crypto pump destined for the usual 'buy the rumor, sell the news' cycle? Either way—Litecoin just reminded everyone it's still in the game.
Leaders: LTC (+9.7%) and XLM (+3.7%).
Laggards: sui (-3.1%) and SOL (-2.0%).
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.