Litecoin Gains 5.5% as Bitcoin Retreats and Volume Surges
Litecoin (LTC)
Editor:
Eugene Serbin
Cryptotimes.io reported that Litecoin rose 5.5% to $67.45 on September 24, outperforming Bitcoin which fell 2.63% to $84,355. Trading volume for the asset tripled to $947.64 million, while its market capitalization held at $5.236 billion. The price recovered from a session low of $59.11 to reach a high of $69.14 before settling near $67.45.
Open interest in Litecoin futures climbed above $500 million by September 23, indicating increased leveraged positioning. On-chain activity also intensified, with the Litecoin Foundation noting that 17 million LTC moved across the network in a single day. This move extends a rally that began on September 18, when the token rose 4.3% to $56.00.
The advance occurred despite Bitcoin recently hitting an eight-month high of $86,000 on September 21. Grayscale has filed an amendment to rename its Litecoin Trust as an ETF under the ticker LTCN, though the listing remains pending. SwissBorg also added support for Litecoin, allowing users to swap it against fiat and other digital assets. The asset remains 83.6% below its all-time high of $410.26 set in May 2021.
How the market reacted
Whalio's own Binance spot order flow for LTC, measured when this story was written up on 24 September 2026. Not the outlet's figures.
Whalio spot data shows Litecoin trading at $61.84 with a 1-hour buy ratio of 53.6%, contrasting with 4-hour and 24-hour ratios near 49.6% and 49.3% respectively. The 1-hour volume delta is positive at $334,891, while the 4-hour and 24-hour deltas are negative at -$207,800 and -$670,386. This indicates that while short-term buying pressure is currently active, the broader daily trend shows net selling. The buy ratio measures the proportion of trades executed by buyers versus sellers, while volume delta tracks the net value of those trades. Cumulative volume delta for the 24-hour period closed at -$1,669,765, confirming that sellers dominated the session overall.
The latest daily buy ratio of 44.9% sits at the 4th percentile of the last 323 days, against a median of 49.3% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for LTC, averaged over the days leading up to the story.
Over the preceding week, Litecoin saw a 19.6% price increase with a total volume delta of $2,315,185. The 7-day average buy ratio was 50.4%, making the latest day's 49.3% reading 1.1 points below the weekly norm. Trading volume was 1.79 times the weekly average, highlighting a significant surge in activity. Net buying occurred on 4 of the 7 days, suggesting a mixed but generally positive trend leading into this session. This recent performance marks a substantial deviation from the average, driven by the recent volume spike and price appreciation.