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Above $100: Litecoin Hits Highest Price Since Summer 2019
Litecoin hasn't been in three figures since its second mining reward halving in 2019.
Updated Sep 14, 2021, 10:44 a.m. Published Dec 17, 2020, 10:55 a.m.
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Litecoin's price reached three figures for the first time in 16 months earlier on Thursday.
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- The seventh-largest cryptocurrency by market value soared to $103.19, its highest since Aug. 5, 2019, according to CoinDesk 20 data.
- Back then, litecoin had undergone its second mining reward halving, a programmed in supply cut repeated every four years to keep inflation under control.
- The cryptocurrency has rallied by more than 20% in the past 24 hours and is up nearly 150% year to date.
- Bitcoin's sharp rally from $19,500 to a record price of $23,770 seen in the past 24 hours looks to have put a bid under litecoin and other top cryptocurrencies such as ether, XRP, chainlink and stellar.
- Litecoin is still down at least 75% from its record high of $375 registered on Dec. 19, 2017, according to data source Messari.
- If bitcoin's rally stalls, we may see a rotation of money into the relatively undervalued alternative cryptocurrencies.
- Litecoin's multi-week narrowing price range has ended with a bullish breakout.
- Immediate resistance is seen at $107 (Aug. 5 high).
Also read: The Big Banks Positioned to Ride Bitcoin’s Bull Run
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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
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- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
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How a 'perpetual’ stock trick could solve Michael Saylor’s $8 billion debt problem
The bitcoin treasury firm is using perpetual preferreds to retire convertibles, offering a potential framework for managing long-dated leverage.
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