Tags: Litecoin

Last week’s tariff disruptions led to record outflows in digital assets, with Bitcoin suffering the largest losses.

Ethereum, Solana, and Toncoin hit by millions in outflows; but Bitcoin took the biggest hit with $2.59 billion leaving funds.

Litecoin’s $9.6B daily transaction volume signals growing utility as ETF approval odds hit 90%, fueling investor optimism.

Fed’s hawkish stance and unexpected inflation data drove digital asset outflows, with Bitcoin and Ethereum taking major hits.

The analysts estimate Dogecoin ETF approvals at 75%, while Solana and XRP ETFs have 70% and 65% chances, respectively.

Canada suffered significant outflows of $43 million, potentially driven by investor concerns over possible US-imposed trade tariffs affecting the market.

Polymarket bettors place 86% odds on the SEC approving Litecoin ETF this year.

The silver to Bitcoin’s gold has decoupled from the rest of the altcoins with a big pump today.

Investors showed confidence in Ethereum, pushing $51 million in inflows, as Solana faced $8.7 million in outflows during the same period.

Litecoin’s surge in activity peaked at 1.37 million addresses in January 2024 indicating strong user growth and network traction.

Litecoin’s daily usage metrics have surpassed several other prominent networks.

Short Bitcoin products experienced only $6.2 million in inflows, highlighting investor caution after Bitcoin’s recent strong price momentum as it briefly breached $100,000.

Here’s which is the next cryptocurrency poised for massive gains, according to Santiment.