Coinbase Litecoin
CBLTCUSD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.72
Year-over-Year Change
6.85%
Date Range
11/12/2022 - 8/7/2025
Summary
The Coinbase Litecoin (CBLTCUSD) series tracks the U.S. dollar price of Litecoin, a major cryptocurrency, as traded on the Coinbase exchange platform.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Litecoin is a decentralized digital currency that functions as a peer-to-peer payment system. The CBLTCUSD series provides insight into the market price and trading activity of Litecoin, which is one of the most actively traded cryptocurrencies globally.
Methodology
The data is collected directly from Coinbase's exchange platform.
Historical Context
Cryptocurrency prices are closely watched by investors, analysts, and policymakers assessing the digital asset market.
Key Facts
- Litecoin was created in 2011 as an alternative to Bitcoin.
- Coinbase is one of the largest cryptocurrency exchange platforms globally.
- Litecoin transactions are typically faster and cheaper than Bitcoin.
FAQs
Q: What does this economic trend measure?
A: The CBLTCUSD series tracks the U.S. dollar price of Litecoin, a major cryptocurrency, as traded on the Coinbase exchange platform.
Q: Why is this trend relevant for users or analysts?
A: Cryptocurrency prices are closely watched by investors, analysts, and policymakers assessing the digital asset market.
Q: How is this data collected or calculated?
A: The data is collected directly from Coinbase's exchange platform.
Q: How is this trend used in economic policy?
A: Cryptocurrency prices provide insight into the digital asset market, which is of interest to policymakers and economists.
Q: Are there update delays or limitations?
A: The CBLTCUSD series is updated in real-time as transactions occur on the Coinbase platform.
Related Trends
Citation
U.S. Federal Reserve, Coinbase Litecoin (CBLTCUSD), retrieved from FRED.