Litecoin
Why Litecoin is up 4.1% today
Analysis
Litecoin (LTC) rose about 4.1% over the past 24 hours as traders reacted to a Binance update that temporarily affected trading activity for LTC and other altcoins due to an exchange outage/maintenance notice. The disruption and subsequent update likely shifted short-term liquidity and order flow on one of the largest venues where LTC trades, contributing to the move.
Contributing Factors (1)
Important Binance Update Affecting ZEC, LTC, and Other Altcoin Traders: Details
The exchange has prepared two actions that will take effect on March 5th.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.