Share this article
Litecoin Climbs 4% to Top $84, With ETF Odds Growing
The Middle East news might be the immediate catalyst, but spot ETF approval by the SEC could be coming.
Jun 24, 2025, 4:18 p.m.
What to know:
- Litecoin's price jumped 4% to $85.45, holding near $84 on above-average volume, indicating conviction behind the breakout.
- The next catalyst for litecoin's price could be regulatory, with the U.S. SEC reviewing bids for a spot LTC ETF.
- Technically, Litecoin's price is bouncing between $84.00-$84.20 support and $85.30-$85.45 resistance.
Litecoin shook off last week’s slump, rising 4% to an intraday high of $85.45 and then holding ground near $84. The move came on volume above its 20-day average, signaling conviction behind the breakout.
An easing in global stress helped, with a supposed ceasefire between Israel and Iran.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The next catalyst may be regulatory. The U.S. Securities and Exchange Commission is reviewing two bids for a spot Litecoin ETF.
A green light to such a fund this year, to which Polymarket traders assign an 83% chance, would open LTC exposure to investors betting on crypto through traditional brokerages. Bloomberg analysts see a 95% chance of a spot LTC ETF approval.
Technical Analysis Overview
- Litecoin’s price burst through the $83.40 ceiling backed by 331,459 LTC being traded in a single hour, according to CoinDesk Research's technical analysis data model.
- LTC has since been bouncing between $84.00-$84.20 support and $85.30-$85.45 resistance.
- A descending intraday channel printed lower highs until buyers defended $84.20.
- Holding above $84 keeps $90 in play while a close below $84 risks a slide to $79.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin Faces Japan Rate Hike: Debunking The Yen Carry Trade Unwind Alarms, Real Risk Elsewhere
Speculators maintain net bullish positions in the yen, limiting scope for sudden JPY strength and mass carry unwind.
What to know:
- Impending BOJ rate hike largely priced in; Japanese bond yields near multi-decade highs.
- Speculators maintain net bullish positions in the yen, limiting scope for sudden yen strength.
- BOJ tightening may contribute to sustained upward pressure on global yields, impacting risk sentiment.
Top Stories
