Litecoin Falls 12.75% In Selloff

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Investing.com – Litecoin was trading at $64.510 by 03:17 (21:47 GMT) on the Investing.com Index on Friday, down 12.75% on the day. It was the largest one-day percentage loss since Thursday, August 17, 2023.

The move downwards pushed Litecoin’s market cap down to $4.748B, or 0.45% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B.

Litecoin had traded in a range of $63.430 to $65.880 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 22.39%. The volume of Litecoin traded in the twenty-four hours to time of writing was $879.616M or 1.30% of the total volume of all cryptocurrencies. It has traded in a range of $57.2000 to $84.0000 in the past 7 days.

At its current price, Litecoin is still down 84.64% from its all-time high of $420.00 set on Tuesday, December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin, was last at $26,092.5 on the Investing.com Index, down 0.66% on the day.

Ethereum was trading at $1,664.76 on the Investing.com Index, a gain of 3.09%.

Bitcoin’s market cap was last at $507.786B or 48.23% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $199.960B or 18.99% of the total cryptocurrency market value.

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