LTC price hits 13-month high against Bitcoin — All-time high next for Litecoin? Litecoin (LTC) prices surged by up to 35% to hit a one-year high against Bitcoin (BTC) this week, prompting analysts to predict an extended upside momentum for the remainder of the ongoing monthly session The LTC/BTC exchange rate touched 6,358 sats during the Asia-Pacific trading hours. The pair later corrected to an intraday low of 5,776 sats ahead of the London opening bell as profit-taking sentiment grew near the sessional peaks. But according to data collected from Glassnode, the downside correction did little in offsetting Litecoin's growing bullish strength. The blockchain analytics firm noted a dramatic spike in the number of active Litecoin addresses beginning 2021, indicating a rising demand for the silver cryptocurrency just as the Bitcoin uptrend shows signs of cooling off. Altcoin season The Litecoin price uptrend surfaced out of the womb of an ongoing altcoin market boom. Recent sessions saw Bitcoin losing its market share to a large army of rival cryptocurrencies, with Ether (ETH), the second-largest digital asset by market capitalization, hitting a record high above $3,500. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #litecoin #litecoinwallet #litecointrader #litecoinminer #litecoinnews #litecoinmining #litecoins #litecoincash #litecoinprice #litecoincommunity https://www.instagram.com/p/COieh47ATOg/?igshid=5v66mofv28w3
