The post Litecoin, Jito and Bittensor post double-digit rallies, what to expect appeared on BitcoinEthereumNews.com.

Litecoin, Jito, and Bittensor added between 17% and 22% to their values in the past seven days, according to CoinGecko data. Bitcoin’s resilience and the market-wide recovery in crypto has paved the way for gains in altcoins. Litecoin, Jito and Bittensor extend rallies on Friday   Litecoin (LTC), Jito (JTO) and Bittensor (TAO) added to their value on Friday after seven days of double-digit price rallies. The Bitcoin fork (LTC), Solana-based token (JTO), and AI token (TAO) outperformed most altcoins, ranking within the top 100 cryptocurrencies by market capitalization.  Top 5 cryptocurrencies by seven-day gains | Source: CoinGecko As Bitcoin continues to show resilience in the face of hot U.S. CPI, Trump tariff announcements, and other macroeconomic developments, altcoins are recovering from the correction alongside the largest cryptocurrency.  LTC gained 2.53%, and JTO and TAO added 5.68% and 2.98% to their value on the day, according to TradingView data.  On-chain and technical analysis  Santiment data shows that in the past week, total open interest in USD in Litecoin has climbed steadily to its highest level on Friday, at $416.87 million. The Network Realized Profit/Loss metric used to determine the net realized profit/loss of all tokens moved on the chain on a given day shows small-scale profit-taking by traders.  The funding rate across exchanges remains positive, as observed in the chart below.  Litecoin on-chain analysis | Source: Santiment Total open interest in Jito climbed, similar to Litecoin, this week. There is a spike in social dominance meaning the token became more relevant among traders and market participants. Trade volume climbed and the Solana-based token rallied in response to demand from institutional and retail traders.  Jito on-chain analysis | Source: Santiment Bittensor on-chain data shows volume held steady, at the average level, with a few positive spikes in the last week. The total…

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Filed under: News - @ February 15, 2025 12:13 am