Litecoin Soars 12% as Bitcoin Correlation Drops to Near Zero

Litecoin has witnessed a notable price surge of over 12%, pushing its price towards $103-$109, driven by a near-zero correlation with Bitcoin. This decoupling suggests potential for independent rallies and is capturing investor interest in the cryptocurrency’s future trajectory. Experts attribute this growth to utility-driven factors, not speculation. The market has shown an anomalous trend, suggesting Litecoin may move independently of Bitcoin.