Litecoin's price surged after the Commodity Futures Trading Commission (CFTC) classified it as a commodity, alongside Bitcoin and Ethereum. Within 24 hours, Litecoin gained over 11%, reaching an eight-month peak of $106.2. This declaration by the CFTC has positioned Litecoin as the second best-performing cryptocurrency in the top 100, with miners and traders anticipating further gains.
How and why is it that CFTC calling $LTC a commodity is new news?! Umm nope.. https://t.co/mqUNELZfJU
Litecoin's price reached an eight-month peak of $106.2 on March 29, and recent trends observed among miners and speculative traders suggest more gains ahead https://t.co/CSeqVstvaD
LITECOIN PRICE HAS RISEN OVER 11% IN THE LAST 24 HOURS - WHAT'S DRIVING THE ACTION: - Litecoin $LTC becomes the second best-performing cryptocurrency in the top 100, spiking nearly 11% in the last 24 hours. - The @CFTC declared Litecoin a commodity in a lawsuit against crypto⦠https://t.co/AGVDmwnCHL
Litecoin is one of the biggest gainers over the last day after the CFTC called the cryptocurrency a commodity alongside Bitcoin and Ethereum. Click to read: https://t.co/9wAP8vGIj3
Litecoin Price Spikes After CFTC Calls It Commodity Alongside Bitcoin and Ethereum βΊ https://t.co/5091PqhT3Q https://t.co/5091PqhT3Q