#LitecoinETF Litecoin (LTC) has recently taken a hit, dropping over 5% and settling around $129.37. This decline comes despite the rising expectations around the ETF approval, which has left some investors scratching their heads. The market cap is down by nearly 5% to $9.7 billion, and trading volume has tanked by 26% to $1.34 billion. It feels like even as optimism about the ETF grows, interest in trading is fading away.
We've seen some serious price action too, with Litecoin bouncing between $124.92 and $140. The market's been more active than it seems, given the volume-to-market cap ratio of 13.74%, although the overall decline is hard to ignore.