HomeUncategorizedWhy is Litecoin price up today? By Cointelegraph

Why is Litecoin price up today? By Cointelegraph

March 23, 2023

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Litecoin (LTC) emerged as one of the best-performing cryptocurrencies on March 23, surpassing its top-ranking rivals (BTC) and Ether (ETH).

LTC price rallied 5.5% to reach an intraday high of around $92.50. In comparison, the total crypto market capitalization (TOTAL) has risen 2.25% to $1.14 trillion, with BTC and ETH rising 1.79% and 1.42%, respectively.

and daily price chart. Source: TradingView
March price performance vs. , , and TOTAL. Source: TradingView
Litecoin supply held by addresses holding 100,000 LTC to 10 million LTC. Source: TradingView

Litecoin halving euphoria

LTC/USD weekly price chart. Source: TradingView