Litecoin rose by as much as 15% in Tuesday’s session, as markets reacted to the latest inflation report from the United States. Figures from the monthly Consumer Price Index showed that inflation has fallen to 6% in February, down from 6.4%. Dogecoin was also higher on the news, extending recent gains.
Litecoin (LTC)
Litecoin (LTC) was once again in the green, as prices of the token rose above $80.00 on Tuesday.
Following a low of $75.20 to start the week, LTC/USD surged to an intraday peak of $86.34 earlier today.
As a result of the move, litecoin has risen to a seven-day high, breaking out of a ceiling at $85.00 in the process.
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Author: Eliman Dambell
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