Chart for LTC/USD (1W)
Gemini just announced Litecoin (LTC) support. A new exchange backed by TD Ameritrade has already made clear its intention to list Litecoin (LTC). Coinbase already has it and so does Circle. During a recent survey conducted by Fundstrat, a vast majority of institutions showed enormous interest in Litecoin (LTC). A lot of people believe that Bitcoin (BTC) is already working fast to resolve its issues of transaction cost and speed. These are the two main reasons why Litecoin (LTC) gained popularity in the presence of Bitcoin (BTC). If Bitcoin (BTC) transactions were fast and cheap, there would be no Litecoin (LTC). It is true that Bitcoin (BTC) is rapidly moving towards such solutions. Recently, Blockstream announced Liquid, a Bitcoin (BTC) solution that would help exchanges and financial institutions with liquidity.