Litecoin is on an upward trend, so as Bitcoin
http://bit.ly/1x5QyYQ Do you think both these coin's price trend in anyway related?
Nah..
If there were any connection, LTC should be as valuable as bitcoin right now.
Where's the logic in that? When bitcoin has risen dramatically alt coins, especially LTC, have actually risen along with it but got no where near the price. I think it has a knock on effect and people rush to buy the next best thing.