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, Bitcoin (BTC) and Ethereum (ETH), dropped 2.25% and 1.75%, respectively, thus registering a rare decoupling between the markets.