Lighter Crypto LIT Drops Violently on Robinhood Plan
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11 Articles
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Cryptocurrency News | Cryptocurrency Prices | Market CapLighter Crypto LIT Drops Violently on Robinhood Plan
Lighter Crypto fell after Robinhood chose Bitstamp for U.S. perps. Key support, resistance, and the unresolved status of its integration.
Lighter (LIT) goes back 11.31% on the day and is listed below its short-term moving averages, with a volume lower than its monthly average. A report on Robinhood’s expansion into perpetual contracts through Bitstamp poses a potential competitive challenge, although it does not alone confirm the cause of the fall. These are the levels that matter, the signals that need to be monitored, and the risk scenarios for investors.
Bitcoin Holds $83K as Lighter Drops 17% on Robinhood Perps
TL;DR: Bitcoin held near $83,370 inside its $83,000-$85,000 range as leverage continued cooling and traders awaited U.S. PCE inflation data. Lighter fell about 17% after Robinhood announced U.S. crypto perpetual futures, while LIT funding remained positive despite the sharp selloff. Quant, LayerZero and Pump.fun rallied while Hedera and Aave weakened, highlighting selective capital rotation rather ...
The Lighter token (LIT) lost 26% in a week, after Robinhood chose Bitstamp for perpetual futures crypto in the USA. Lighter key points (LIT) dealt at $3.86, down 13% in the last 24 hours and 26% in the last week. Selloff arrived after Robinhood decided to [...]
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