Possibly affected by ETF news, Litecoin has risen 11.7% in 24 hours, surpassing SHIB in market value

According to CoinGecko data, Litecoin (LTC) is now priced at $124.92, with a 24-hour increase of 11.7% and a seven-day increase of 18.6%. LTC's market value is currently reported at $9.397 billion, surpassing SHIB's $9.354 billion and rising to the 19th place in the cryptocurrency market value ranking.

In previous news, Bloomberg senior ETF analyst Eric Balchunas predicted the approval probability of spot cryptocurrency ETFs by 2025. Among them, Litecoin (LTC) and Dogecoin (DOGE) are most likely to be approved, with probabilities of 90% and 75%, respectively.