Why Litecoin Is Popping Off This Week
Why Litecoin Is Popping Off This Week
Litecoin (CRYPTO: LTC) is trading higher some 12.3% to $69.10 over the trailing week amid recent, broader crypto sector strength. Several altcoins are gaining Friday, mirroring Bitcoin's roughly 2% session increase. The surge comes after Thursday's significant net inflow of nearly $79 million into Bitcoin spot ETFs, which has sparked a broader rally in the cryptocurrency market and sustained five days of upward momentum.
最近，數字貨幣板塊整體走強，其中萊特幣 (CRYPTO: LTC) 在過去一週上漲了12.3%，報69.10美元。週五多種替代幣上漲，反映了比特幣漲約2%的行情。這波漲勢是在週四比特幣現貨 ETF 進行了近7900萬美元的大量資金流入之後出現的，這激發了整個加密貨幣市場的反彈，維持了五天的上漲動量。
The inflow into Bitcoin ETFs reflects increased confidence from institutional investors. This confidence can bolster the market's overall outlook, encouraging retail and other institutional investors to diversify their investments into other cryptocurrencies, including Litecoin.
比特幣 ETF 的流入反映了機構投資者的增強信心。這種信心可以提高市場整體前景，並鼓勵零售和其他機構投資者將他們的投資分散到其他數字貨幣，包括萊特幣。
Litecoin is also known for its strong community support. During periods of broader market rallies, Litecoin often attracts investors looking for well-established altcoins.
萊特幣還以其強大的社區支持而聞名。在整個市場大幅上漲期間，萊特幣通常吸引尋找成熟替代幣的投資者。
Read Also: Coinbase Unveils 'One-Stop' Crypto App To Simplify User Experience
閱讀更多：Coinbase推出“一站式”加密貨幣應用，簡化用戶體驗
What's Going On With Crypto Friday?
加密數字貨幣週五發生了什麼？
Overall, $1.31 billion worth of value was traded in U.S. spot bitcoin funds on July 11. Despite the recent inflows, trading volumes remain significantly lower than in March, when they exceeded $8 billion on several days.
7月11日，美國比特幣現貨基金交易總價值達到13.1億美元。儘管最近獲得流入資金，但交易量仍然遠低於今年早些時候的情況，當時在幾天內超過80億美元。
U.S. issuers are still awaiting approval from the Securities and Exchange Commission for their latest amended registration statements for spot Ethereum ETFs....Read More
美國發行人仍在等待證券交易委員會批准其最新的改良註冊申報書，以獲得現貨以太坊ETF的批准……更多閱讀