Litecoin price responds as open interest reaches record levels

Litecoin’s recent trading showed a slight increase, with prices rising 0.26% to 113.00 USD. Increased trading volumes of 636.73 million USD reflect growing investor engagement amid expectations for a bull trend.

The surge in open interest to 8.44 million LTC suggests strong investor confidence, predominantly on Binance, where 28.9% of this interest is concentrated. Optimism surrounding potential ETF approval further backs this bullish sentiment.

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