Litecoin Falls 12% In Rout
Investing.com – Litecoin was trading at $89.000 by 19:21 (23:21 GMT) on the Investing.com Index on Wednesday, down 12.19% on the day. It was the largest one-day percentage loss since April 19.
The move downwards pushed Litecoin’s market cap down to $6.734B, or 0.55% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B.
Litecoin had traded in a range of $89.000 to $101.880 in the previous twenty-four hours.
Over the past seven days, Litecoin has seen a stagnation in value, as it only moved 0.55%. The volume of Litecoin traded in the twenty-four hours to time of writing was $800.032M or 1.36% of the total volume of all cryptocurrencies. It has traded in a range of $88.9500 to $103.1000 in the past 7 days.
At its current price, Litecoin is still down 78.81% from its all-time high of $420.00 set on December 12, 2017.
Elsewhere in cryptocurrency trading
Bitcoin was last at $28,664.2 on the Investing.com Index, down 5.59% on the day.
Ethereum was trading at $1,925.22 on the Investing.com Index, a loss of 7.95%.
Bitcoin’s market cap was last at $560.321B or 46.18% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $233.421B or 19.24% of the total cryptocurrency market value.
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