LTC Shows Modest Gains Amid Broad Crypto Market Rally as Bitcoin Eyes $100K
The cryptocurrency market is experiencing a robust uptick, with the CoinDesk 20 Index surging 4.7% as all constituent assets trade higher. Leading the charge are SUI and AAVE, while LTC and BCH lag behind. Meanwhile, Bitcoin’s potential rally to $100K could further energize the altcoin market.
CoinDesk 20 Index Gains 4.7% with All Assets Trading Higher
The CoinDesk 20 Index has seen a significant increase of 4.7% since Tuesday, with all 20 assets trading higher. The leaders in performance are SUI (+18.5%) and AAVE (+9.4%), while BCH (+0.8%) and LTC (+1.7%) are the laggards. The index is traded globally on multiple platforms.
Top Altcoins to Consider Before Bitcoin Price Revives a Rise Back to $100K
Bitcoin’s price trajectory continues to influence the broader cryptocurrency market, with altcoins like Ethereum, XRP, Solana, and Dogecoin mirroring its movements. As Bitcoin approaches potential new highs, these digital assets are poised for significant gains.
The fourth quarter of 2024 saw a dramatic market breakout, propelling Bitcoin to an all-time high near $109,000. This surge lifted Ethereum above $4,000, XRP beyond $3.30, and Dogecoin to $0.50. Solana emerged as a standout performer, reaching a record $295.
Market analysts anticipate further upside across the sector as institutional interest grows and trading volumes spike on major exchanges including Binance, Coinbase, and Bybit. The correlation between Bitcoin and altcoins remains strong, suggesting continued momentum for select tokens.
DOGE Mining Firm Z Squared to Go Public via Merger with Coeptis
Z Squared, a Dogecoin-focused mining operation, is set to become a publicly traded company through a merger with biopharmaceutical firm Coeptis. The deal will spin off Coeptis’ pharmaceutical business while maintaining Z Squared’s DOGE and Litecoin mining operations. Upon completion, the combined entity will rank among the largest publicly listed crypto mining firms.
"Going public unlocks access to capital markets, allowing us to scale mining operations and pursue strategic opportunities," said Z Squared CEO David Halabu. The transaction underscores the growing institutional interest in meme coin infrastructure despite crypto market volatility.
