Why Litecoin Shot More than 20% Higher Today

What happened

Today, Litecoin (CRYPTO:LTC) is one of the big movers making headlines. This cryptocurrency has surged more than 20% at its peak today, over yesterday’s levels. This price action has moved Litecoin into 14th spot in the cryptocurrency rankings by market capitalization. Accordingly, investors looking at larger-cap tokens are now seeing LTC cross their screens.

It appears there are a number of drivers for this move in LTC. Among the key…

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