On-chain analysis platform Santiment talked about the leading altcoin that heralded Bitcoin (BTC) rises.
On-chain analysis platform Santiment shared on February 9 in data, Litecoin (LTC) He commented on the price movement in particular. Stating that Litecoin’s sudden rises are a leading signal for Bitcoin, the platform gave an example of the recent sudden movement.
happened on February 8 4.7% Litecoin of its upward movement January 22 For the first time since over $70 While it was stated that he removed Bitcoin’s subsequent rise noted:
Litecoin rose slightly yesterday, jumping above $70 for the first time since January 22. For now, the trading volume of the asset, which ranks 19th in terms of market capitalization, is quite inactive. However, such sudden upward moves usually appear as leading signals of Bitcoin’s rise.
Bitcoin price after hours of Litecoin’s move January 10 for the first time since 47 thousand dollars climbing up and saying “leading signal” confirmed his theory, at least for this time.