Steady Uptrend and Increasing Buying Activity
Since the crypto market experienced a downturn on August 5th—prompted by weak U.S. employment data and underperforming tech stocks—Litecoin has shown a consistent uptrend. As of the latest data, LTC’s trading volumes have surged by 16%, according to Coin Market Cap. This increase in trading activity coincides with a steady rise in Litecoin’s price, which has gained approximately 7% over the past week.·
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