Litecoin Briefly Clears $90 as Markets React to Geopolitical Tensions and Eurozone Policy Shifts
Litecoin (LTC) pushed past the $90 mark on Thursday, advancing 2.1% amid a volatile mix of global macroeconomic shifts and renewed speculation around central bank policy moves.
The climb came as investors responded to fresh U.S. tariff headlines from President Trump, which stirred geopolitical uncertainty, while simultaneously digesting a surprise drop in eurozone inflation — a development that boosted hopes for imminent European Central Bank rate cuts.
LTC tapped an intraday high just above $90 before retracing slightly to $89.30, maintaining its upward momentum on the back of supportive technical trends and bullish investor sentiment.
Support Builds, Eyes on Follow-Through
Technical indicators suggest Litecoin is building a solid base near $88, with recent price action forming a structure of higher lows and increasing buy-side volume. Analysts identified a double-top pattern around $89.60, with swift recovery following a dip to $89.20 — a sign of persistent demand.
“Litecoin’s move above $90 is as much about broader risk sentiment as it is about crypto fundamentals,” said a market strategist. “Traders are watching how macro shifts shape demand for hard digital assets.”
If current levels hold, LTC may attempt a more sustained breakout above $90 in the days ahead, especially if central banks pivot toward more accommodative stances amid ongoing global uncertainty.
