Litecoin Falls 10% In Rout
Investing.com – Litecoin was trading at $74.030 by 20:17 (01:17 GMT) on the Investing.com Index on Friday, down 10.44% on the day. It was the largest one-day percentage loss since November 9, 2022.
The move downwards pushed Litecoin’s market cap down to $5.479B, or 0.59% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B.
Litecoin had traded in a range of $74.030 to $76.810 in the previous twenty-four hours.
Over the past seven days, Litecoin has seen a drop in value, as it lost 20.35%. The volume of Litecoin traded in the twenty-four hours to time of writing was $709.181M or 1.19% of the total volume of all cryptocurrencies. It has traded in a range of $74.0300 to $91.7300 in the past 7 days.
At its current price, Litecoin is still down 82.37% from its all-time high of $420.00 set on December 12, 2017.
Elsewhere in cryptocurrency trading
Bitcoin was last at $19,904.0 on the Investing.com Index, down 8.35% on the day.
Ethereum was trading at $1,413.52 on the Investing.com Index, a loss of 7.95%.
Bitcoin’s market cap was last at $388.672B or 41.56% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $174.474B or 18.66% of the total cryptocurrency market value.