Litecoin Soars 12% – Detaching from Bitcoin Trends

Litecoin experienced a remarkable surge of 12%, breaking away from the usual correlation with Bitcoin and defying market trends. This unexpected move has sparked excitement among traders, particularly regarding Litecoin’s potential to reach $125, though official statements from the Litecoin team remain elusive. The unusual decoupling is evident in its Pearson correlation dropping to -0.01, indicating a shift in market dynamics fueled by speculation.