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Litecoin Price Jumps, What’s Behind the Sudden Rally? (28 oct)

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Litecoin price has once again rallied 3% today, reclaiming above the $100 resistance, while extending its weekly gains to over 10%. More importantly, the LTC daily trading volume has shot up 70% to more than $1.1 billion, with the Canary Capital Litecoin ETF set to go live on Tuesday, October 28. This development has stirred strong market optimism, pushing LTC higher today.