Litecoin (LTC) price continues to climb, trading above $118 on Thursday, extending gains of over 10% so far this week. The bullish momentum is further supported by rising Open Interest (OI) and trading volume in the LTC token.
Bitcoin (BTC) is edging slightly down at around $113,000 on Tuesday after recovering nearly 2% the previous day. Market attention shifts to the $1.6 billion payout from the defunct FTX exchange, which could support crypto prices by injectingliquidity into the market.
Bitcoin (BTC) is gaining momentum after rebounding from key support, trading above $117,000 at the time of writing on Thursday. The rally follows the US Federal Reserve’s (Fed) 25-basis-point (bps) rate cut decision on Wednesday.