Litecoin is surging after Bitcoin futures launch
Litecoin, the fifth-largest cryptocurrency by market cap, has gained more than 25% in value over the last 24 hours, reaching an intra-day high of $195.66 per coin.
The gains come the day after Cboe Global Markets, a a Chicago-based exchange operator, launched trading of Bitcoin futures contracts. Litecoin creator Charlie Lee also appeared on CNBC Monday morning, possibly fueling interest in the obscure cryptocurrency.
Litecoin initially saw a hefty loss last week after Coinbase&rsquo
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