Recently, crypto entrepreneur <a href="https://www.bobbylee.com/">Bobby Lee</a>, who is the brother of Litecoin creator Charlie Lee, shared his latest thoughts on Bitcoin.

Data shows a Litecoin whale has withdrawn $65.5 million in LTC from the crypto exchange Binance, a sign that may prove to be bullish for the price of the coin.

Litecoin’s [LTC] sojourn in recent times produced profits, much to the delight of cryptocurrency investors. At press time, its seven-day performance was 23.18%, making it the best-performing crypto out of the top-cap assets. However, Litecoin risked losing its dominance, and investors expecting a repeat of last week’s performance&nbsp;need to be cautious.

Litecoin has experienced a significant price surge on low timeframes and hints at a possible bullish continuation. The cryptocurrency is moving higher than more significant assets in the space, and it’s making its way to the top 10 by market capitalization.&nbsp;

The market cap of the popular proof-of-stake blockchain, Solana, slipped below that of the OG proof-of-work blockchain, Litecoin, according to Coingecko.Solana's latest downturn began with the collapse of FTX.

Litecoin bucked the market downtrend, posting 19% gains over the past week to lead the top 100.

As the market declined last week (and continues to do so), Litecoin was one of the few currencies to increase in value.

Consumers in the U.S. can now trade and store Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC) by using the Company's leading mobile app .