Litecoin gains 5.5% as trading volume triples and Bitcoin retreats

  • Litecoin gained 5.5% to $67.45 as Bitcoin declined on September 24.
  • LTC trading volume reached $947.64 million, more than triple September 18 levels.
  • Litecoin ranked 24th with a $5.236 billion market capitalization and fully diluted valuation.

Litecoin rose 5.5% over 24 hours to $67.45 on September 24, even as Bitcoin fell 2.63% to $84,355. LTC traded between $59.11 and $69.14, with volume reaching $947.64 million, more than three times the September 18 level. Litecoin’s market capitalization was $5.236 billion, ranking 24th, while its fully diluted valuation matched that figure because nearly all issued tokens are circulating. Futures open interest exceeded $500 million by September 23, and the Litecoin Foundation said roughly $1 billion in adjusted economic volume moved across the network in 24 hours. Litecoin’s relative strength came amid pending regulatory steps for a proposed Grayscale Litecoin Trust ETF conversion and new SwissBorg support for LTC and Zcash.

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