CandleFocus

Grayscale Buys Litecoin Price Dip: Will LTC Rebound?

The crypto market, including Litecoin (LTC), experienced a crash after the Federal Reserve's FOMC meeting. The crash was a result of the Fed's decision to reduce the number of rate cuts in 2025. Despite the drop, Grayscale Investments is taking advantage of the situation by purchasing LTC. This institutional-led buying spree, along with hopes for a spot LTC ETF, could potentially trigger a rebound for Litecoin.

Related News