The amount of one currency or asset quoted for one unit of another. Pair direction matters: EUR per LTC and LTC per EUR are reciprocals. A reference conversion does not include every spread or service fee and is not necessarily an executable buy or sell offer.
For example At a hypothetical 50 EUR per LTC, 0.2 LTC has a reference value of 10 EUR before spreads and fees.
Common mistake Using a rate backwards, confusing a current reference with a historical transaction rate, or assuming the displayed conversion is what a provider will deliver.
Full glossary entryHow recent an underlying market observation is, judged from its timestamp and the tool's stated rules. A source event time, collection time and page refresh time describe different things. A recent observation still does not guarantee an available or executable price.
For example Reloading a page at 12:05 does not make an observation from 11:30 newer; that source observation remains 35 minutes old.
Common mistake Reading a cache refresh as a new market event or assuming that every tool uses the same expiry threshold.
Full glossary entryHow much of a stated observation window or expected set is represented by usable records. The denominator may be scheduled polls, candle intervals or another declared sample. Coverage describes availability within that scope, not measurement accuracy or a complete view of the network.
For example If 90 of 96 expected price buckets are available, interval coverage is 93.75%; this says nothing about trades hidden inside those buckets.
Common mistake Reading missing observations as zero activity, or treating high coverage as proof that the sample is unbiased and error-free.
Full glossary entryHow readily an order can be executed without moving the market price substantially. Assess order-book depth and spreads for the specific exchange, pair and order size; reported volume alone can be misleading.
For example A small purchase may fill near the quoted price while a much larger one consumes several order-book price levels.
Common mistake Using reported daily volume or a tight spread as proof that your whole order can fill at one price.
Full glossary entry| Event | Date | LTC/BTC | Phase |
|---|---|---|---|
| LTC Launch | Oct 2011 | — | Genesis |
| First LTC Bull Peak | Nov 2013 | 0.0490 | Bull Peak |
| Bear Market Bottom | Jan 2015 | 0.0057 | Bear Bottom |
| LTC Halving #1 | Aug 2015 | 0.0115 | Halving |
| 2017 Bull Run Start | Mar 2017 | 0.0038 | Accumulation |
| 2017 Bull Peak | Dec 2017 | 0.0178 | Bull Peak |
| Bear Market Bottom | Dec 2018 | 0.0075 | Bear Bottom |
| LTC Halving #2 | Aug 2019 | 0.0089 | Halving |
| 2021 Bull Peak (LTC) | May 2021 | 0.0055 | Bull Peak |
| Bear Market Bottom | Jun 2022 | 0.0023 | Bear Bottom |
| LTC Halving #3 | Aug 2023 | 0.0028 | Halving |
| 2024 Recovery | Mar 2024 | 0.0012 | Recovery |
| Current | Nov 2026 | 0.0007 | Post-halving |
The LTC/BTC ratio measures how much Bitcoin one Litecoin is worth. A ratio of 0.0010 means 1 LTC equals 0.0010 BTC (or 100,000 satoshis). When the ratio rises, Litecoin is outperforming Bitcoin; when it falls, Bitcoin is gaining relative strength. Traders use this metric to time rotations between the two assets.
The ratio is a relative price, not a measure of fund flows. A rising ratio means LTC gained against BTC over that interval; it does not prove the start of an altcoin cycle.
Halving markers identify subsidy changes. Three historical events do not establish a repeatable pre-halving rally or a causal price effect. The chart contains matched daily exchange closes, not a trading signal.
Past ranges are not guaranteed support or resistance. A ratio can remain below previous lows; no mean-reversion rule is assumed here.
Use the selected period’s measured high, low and change to describe the data. Historical cycle labels and approximate snapshots are context, not forecast targets.