---
title: "Litecoin's price spikes to $125 due to institutional interest and ETF optimism, marking a 25% weekly gain. Trading near $125 (+3.82% in 24h), driven by MEI Pharma's $100M investment. Technical indicators suggest overbought status."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/252311863.md"
description: "The cryptocurrency Litecoin (LTC) is currently trading at a price of $124.99, which represents a 3.82% increase in the past 24 hours. This rise in price can be attributed to MEI Pharma's recent investment of $100 million in the cryptocurrency and increasing speculation around ETFs. However, technical indicators are signaling that LTC is currently in an overbought state."
datetime: "2025-08-09T05:29:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/252311863.md)
  - [en](https://longbridge.com/en/news/252311863.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/252311863.md)
generator: "portal-rs"
---

# Litecoin's price spikes to $125 due to institutional interest and ETF optimism, marking a 25% weekly gain. Trading near $125 (+3.82% in 24h), driven by MEI Pharma's $100M investment. Technical indicators suggest overbought status.

The cryptocurrency Litecoin (LTC) is currently trading at a price of $124.99, which represents a 3.82% increase in the past 24 hours. This rise in price can be attributed to MEI Pharma's recent investment of $100 million in the cryptocurrency and increasing speculation around ETFs. However, technical indicators are signaling that LTC is currently in an overbought state.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**