Litecoin Falls 17% In Bearish Trade
Investing.com – was trading at $63.500 by 09:30 (13:30 GMT) on the Investing.com Index on Thursday, down 16.99% on the day. It was the largest one-day percentage loss since May 11.
The move downwards pushed Litecoin’s market cap down to $4.439B, or 0.36% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B.
Litecoin had traded in a range of $54.900 to $69.700 in the previous twenty-four hours.
Over the past seven days, Litecoin has seen a drop in value, as it lost 39.8%. The volume of Litecoin traded in the twenty-four hours to time of writing was $2.342B or 0.99% of the total volume of all cryptocurrencies. It has traded in a range of $54.9000 to $98.4000 in the past 7 days.
At its current price, Litecoin is still down 84.88% from its all-time high of $420.00 set on December 12, 2017.
Elsewhere in cryptocurrency trading
was last at $28,640.0 on the Investing.com Index, down 2.48% on the day.
was trading at $1,957.83 on the Investing.com Index, a loss of 16.02%.
Bitcoin’s market cap was last at $542.658B or 44.61% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $235.107B or 19.33% of the total cryptocurrency market value.