#USNonFarmPayrollReport Why Bitlight (LIGHT) Price Is Exploding Today

Bitlight $LIGHT is seeing an explosive rally today, surging 90.61% to trade around $2.65, driven by a massive spike in market participation. The standout catalyst behind this move is the sharp rise in 24-hour trading volume, which jumped over 539% to $108.03 million. Such intense volume often signals strong bullish momentum and heightened investor attention.

With a market cap of $114.28 million and a relatively low circulating supply of just 43.05 million LIGHT out of a fixed 420 million max supply, price movements can be amplified during periods of heavy demand. The volume-to-market-cap ratio of 93% further highlights aggressive trading activity and rapid price discovery.

Additionally, Bitlight’s growing holder base of nearly 19,500 wallets suggests expanding community interest. If volume remains elevated, LIGHT could attempt to sustain its upward momentum, though volatility is likely in the short term.

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