Litecoin Trade Gains Momentum, First Digital Group Announces Stablecoin
Jun 1, 2023
Market Update After stalling yesterday, traditional equity indices have continued their march upwards, with the $SPX (+0.86%) surpassing $4,200 and the $NDQ (+1.01%) pushing past $14,400. Debt ceiling fears have largely been alleviated as a bill suspending the ceiling passed the House late last night and will now move on to a Senate vote. Crypto markets are not sharing the same optimism as $BTC (-1.19%) has dropped back below $27k and $ETH (-0.61%) remains stagnant around $1,850. As mentioned in our recent Crypto Weekly as a trade idea, buying Litecoin ($LTC) leading into its halving events
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