LTC Surges 7.7% as Litecoin Leads CoinDesk 20 Rally Amid Broad Crypto Market Gains

Litecoin (LTC) emerged as the top performer in the CoinDesk 20 Index, posting a 7.7% gain and driving the broader crypto market upward. The index itself climbed 1.5% to 2,736.75, with 16 of its 20 constituents advancing. This rally highlights Litecoin’s growing momentum and its role in shaping positive market sentiment across the digital asset space.

Litecoin Leads CoinDesk 20 Rally with 7.7% Gain

The CoinDesk 20 Index climbed 1.5% to 2,736.75, buoyed by Litecoin’s standout performance. Sixteen of the index’s twenty constituents advanced, with LTC surging 7.7% and SUI gaining 3.9%.

Avalanche (AVAX) and Uniswap (UNI) bucked the trend, dipping 1.2% and 1.1% respectively. The broad-based index, traded globally across multiple platforms, continues reflecting crypto market sentiment through its diversified basket of digital assets.

Litecoin Whale Move Sparks Selloff Fears as 300,000 LTC Hits Binance

Litecoin faces heightened volatility after an anonymous investor dumped 300,000 LTC ($24.5 million) on Binance. The transfer, flagged by Whale Alert, triggered immediate price pressure as LTC slid to $82 amid broader market uncertainty.

Despite the selloff scare, analysts maintain bullish technical targets NEAR $200. The whale’s complete liquidation—emptying the wallet entirely—suggests strategic repositioning rather than routine profit-taking.

Litecoin Defies ETF Delay with 11% Surge, Eyes $100 Threshold

Litecoin (LTC) emerged as a standout performer, rallying 11% to reclaim the $90 level despite regulatory headwinds. The U.S. SEC’s delay of Canary Capital’s spot ETF application failed to dampen bullish momentum, with technical indicators suggesting potential for extended gains.

The Layer 1 asset demonstrated remarkable resilience, entering the 24-hour top gainers list alongside Bitcoin’s push toward $97,000. Market participants now watch the $100 psychological barrier as MACD and CMF indicators flash conflicting signals about trend sustainability.