Litecoin Falls 10% In Selloff
Investing.com – was trading at $65.000 by 07:32 (11:32 GMT) on the Investing.com Index on Saturday, down 10.22% on the day. It was the largest one-day percentage loss since May 11.
The move downwards pushed Litecoin’s market cap down to $4.606B, or 0.37% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B.
Litecoin had traded in a range of $65.000 to $70.300 in the previous twenty-four hours.
Over the past seven days, Litecoin has seen a drop in value, as it lost 32.36%. The volume of Litecoin traded in the twenty-four hours to time of writing was $861.138M or 0.85% of the total volume of all cryptocurrencies. It has traded in a range of $54.9000 to $95.7000 in the past 7 days.
At its current price, Litecoin is still down 84.52% from its all-time high of $420.00 set on December 12, 2017.
Elsewhere in cryptocurrency trading
was last at $28,856.0 on the Investing.com Index, down 5.31% on the day.
was trading at $1,974.06 on the Investing.com Index, a loss of 6.49%.
Bitcoin’s market cap was last at $552.145B or 44.57% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $239.502B or 19.33% of the total cryptocurrency market value.