Litecoin
Market Open
27 Jul, 05:42
$
47. 70
-0.112
-0.2343%
$
35,328 Volume
$ 47.81
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LTCUSD Overview
LTCUSD denotes the market price of Litecoin (LTC) quoted in US Dollars (USD). It reflects how many dollars are required to buy one unit of LTC and is the common quote used by traders and exchanges to value the asset against fiat.
Litecoin is a peer-to-peer cryptocurrency introduced in 2011 by Charlie Lee, a former Google engineer. It operates on a decentralized, blockchain-based ledger, uses the Scrypt hashing algorithm, and was designed to offer faster block generation than Bitcoin. Litecoin has a capped supply of 84 million coins and relies on mining and consensus to validate transactions.
The LTCUSD rate is determined by the interaction of supply and demand across trading venues. Order book activity, exchange listings, market sentiment, macroeconomic developments and regulatory announcements all influence price movements. Cross-exchange arbitrage, liquidity provision and protocol events such as scheduled reward halvings can also affect issuance and market pricing.
For traders and investors, LTCUSD serves as a benchmark for portfolio allocation, speculative positions and hedging strategies. It facilitates fiat on-ramps and off-ramps for Litecoin exposure and is quoted in spot, derivative and OTC markets.
Liquidity and volatility vary by exchange and market conditions; LTCUSD generally offers deeper markets on major venues but can exhibit rapid price swings during periods of heightened crypto-market stress.
Litecoin is a peer-to-peer cryptocurrency introduced in 2011 by Charlie Lee, a former Google engineer. It operates on a decentralized, blockchain-based ledger, uses the Scrypt hashing algorithm, and was designed to offer faster block generation than Bitcoin. Litecoin has a capped supply of 84 million coins and relies on mining and consensus to validate transactions.
The LTCUSD rate is determined by the interaction of supply and demand across trading venues. Order book activity, exchange listings, market sentiment, macroeconomic developments and regulatory announcements all influence price movements. Cross-exchange arbitrage, liquidity provision and protocol events such as scheduled reward halvings can also affect issuance and market pricing.
For traders and investors, LTCUSD serves as a benchmark for portfolio allocation, speculative positions and hedging strategies. It facilitates fiat on-ramps and off-ramps for Litecoin exposure and is quoted in spot, derivative and OTC markets.
Liquidity and volatility vary by exchange and market conditions; LTCUSD generally offers deeper markets on major venues but can exhibit rapid price swings during periods of heightened crypto-market stress.
LTCUSD Chart
Litecoin's LitVM hits 140M testnet transactions – Can it spark LTC's DeFi growth?
LitVM brings smart contracts to Litecoin, shifting focus from payments to broader blockchain utility.
Ambcrypto | 4 days ago
Litecoin price consolidates below $46 as bulls eye a breakout
The $42-$46 was a high-volume node and represented a support zone for Litecoin, according to the FRVP tool.
Ambcrypto | 1 week ago
Litecoin's Double-Spend Patch Sits Unused on 70% of Nodes Two Months Later
Most Litecoin nodes are still running software that can't stop a repeat of April's double-spend attack.
Thecurrencyanalytics | 1 month ago
LTCUSD FAQ
What is the current Litecoin price?
The current price is $47.698000, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -0.112 (-0.2343%), showing how much the asset has moved compared to the previous close.
What is the previous close for Litecoin?
The previous close was $47.810000, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-0.2343%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($47.180000) and highest ($47.877000) prices traded during the selected period, helping assess volatility.
Why is Litecoin (LTC) moving today?
Price movements in Litecoin are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($47.698000) is below the previous close ($47.810000), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Litecoin?
You can view real-time charts, price updates, and market data for Litecoin (LTC) directly on this page.
