Markets· ★★★· bullish·

Litecoin Jumps 5.5% to $67.45 as Bitcoin Slips

  • LTC gained 5.5% to $67.45 and 8.3% against Bitcoin
  • 24-hour volume hit $947.6 million versus $303.5 million on September 18
  • Litecoin futures open interest climbed above $500 million
  • On-chain volume reached about $1 billion (17 million LTC, 21.9% of supply)
Why it matters: LTC's relative strength against a falling Bitcoin is backed by surging volumes and Grayscale's pending spot ETF conversion.
Source: The Crypto Times