Litecoin surges 10% on speculation of ETF approval, high trading activity; extremely bullish sentiment

From Stocktwits: 2025-02-19 08:52:15

Litecoin (LTC) has surged nearly 10% in the last 24 hours, reclaiming the $135 level and outpacing Bitcoin (BTC) and Ethereum (ETH) in gains. Open interest in LTC has reached $925 million, signaling high trading activity and a strong upward trend. Speculation about a potential Litecoin ETF approval has driven the recent price jump, with major firms pushing for regulatory clearance. Retail sentiment on Stocktwits is ‘extremely bullish,’ with some traders comparing LTC’s gains to Ripple (XRP) potential ETF approval. Litecoin’s rally coincides with discussions of a potential altcoin season, as investors shift interest away from Bitcoin. Market watchers will look to the Federal Reserve’s meeting minutes for clues on future rate cuts and inflation data, which could impact broader crypto trends. Litecoin has been one of the top performing cryptocurrencies in 2025, gaining over 25% year-to-date.



Read more at Stocktwits: Retail Bullish On ETF Approval