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Litecoin Price Struggles Despite ETF Optimism as War Tensions Rattle Market
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By CD Analytics, Francisco Rodrigues|Edited by Aoyon Ashraf
Jun 14, 2025, 5:45 p.m.
- Litecoin experienced a significant decline, falling by over 4.3% in the past week and more than 14% in the last 30 days.
- The decline is part of a broader sell-off in risk assets, triggered by the Israel-Iran conflict, which led to a $150 billion drop in the total cryptocurrency market capitalization.
- Litecoin’s price recovery has stalled at the $97.80 level, indicating a potential consolidation phase, with limited momentum and a decline in trading volume.
Litecoin
fell more than 4.3% over the past week, and is down more than 14% for the last 30-day period, with the latest sell-off coming as part of a wider risk asset sell-off.
That sell-off came after Israel attacked Iran in a bid to put an end to its nuclear program and harm its missile capabilities, and Iran later retaliated with a salvo of missiles.
STORY CONTINUES BELOW
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The conflict has spooked global markets, reducing the total cryptocurrency market capitalization by more than $150 billion.
LTC was severely affected by the sell-off. As the dust settled, Litecoin attempted a fragile rebound, climbing back above $86. But the recovery has stalled under mounting technical resistance.
The $97.80 level, coinciding with the 23.6% Fibonacci retracement according to to CoinDesk Research’s technical analysis data model, has proven difficult to breach. Momentum indicators like RSI at 43.46 and a flat MACD histogram show limited energy behind the move, suggesting a phase of consolidation.
Volume tells a similar story. Litecoin’s trading activity dropped 42% following the initial plunge, even as it briefly surged through the $85.90 resistance level during a high-volume spike late Friday. That breakout, however, was quickly met with profit-taking that brought it back down to $85.
Looming in the background is hope for a spot litecoin ETF. Bloomberg ETF analysts Eric Balchunas and James Seyffart estimate a 90% chance of approval.
CoinDesk Analytics is CoinDesk’s AI-powered tool that, with the help of human reporters, generates market data analysis, price movement reports, and financial content focused on cryptocurrency and blockchain markets.
All content produced by CoinDesk Analytics is undergoes human editing by CoinDesk’s editorial team before publication. The tool synthesizes market data and information from CoinDesk Data and other sources to create timely market reports, with all external sources clearly attributed within each article.
CoinDesk Analytics operates under CoinDesk’s AI content guidelines, which prioritize accuracy, transparency, and editorial oversight. Learn more about CoinDesk’s approach to AI-generated content in our AI policy.
Francisco is a reporter for CoinDesk with a passion for cryptocurrencies and personal finance. Before joining CoinDesk he worked at major financial and crypto publications. He owns bitcoin, ether, solana, and PAXG above CoinDesk’s $1,000 disclosure threshold.
