Litecoin spikes 25%: What’s behind the sudden surge?
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Litecoin has seen a remarkable rise in its value in the recent trading day. The digital currency spiked to $105, a noteworthy increase of 24.6% within the last 24 hours. At this juncture, the sharp increase in Litecoin’s valuation does not appear to be linked to any particular event or news release. Litecoin was officially listed as a tradable cryptocurrency for users of EDX Markets on June 20, 2023. Litecoin experienced a boost during its first three days of trading on EDX, with its price climbing from $77 to $91. The price dipped slightly after this initial rise, but the
EDX Markets, an institutional crypto exchange launched on June 20, 2023, has announced its partnership with Anchorage Digital as the custody provider for its upcoming clearinghouse division, EDX Clearing. Anchorage Digital is a regulated crypto platform that offers financial services and infrastructure solutions for institutions. The partnership aims to bridge…