Litecoin Soars Despite SEC ETF Delay, Reaching New All-Time High

Litecoin (LTC) surged over 11% to surpass $90 following news of the U.S. Securities and Exchange Commission’s delay of the Canary Capital Litecoin spot ETF application. This performance highlights a notable contrast between market sentiment and recent regulatory headwinds, with analysts attributing the surge to expanding DeFi applications and increasing institutional investment.