Why is Litecoin price up today? By Cointelegraph

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Litecoin (LTC) emerged as one of the best-performing cryptocurrencies on June 1 as the market’s attention shifted to its strong network growth in recent months.

The LTC price jumped 3% to an intraday high of around $95. In comparison, its top-rivaling assets, (BTC) and Ethereum (ETH), dropped 2.25% and 1.75%, respectively, thus registering a rare decoupling between the markets.

daily price chart vs. and . Source: TradingView
Litecoin non-zero addresses count. Source: IntoTheBlock
Litecoin: number of addresses. Source: Glassnode
LTC/USD daily price chart. Source: TradingView
LTC/USD weekly price chart. Source: TradingView