Litecoin Tumbles 20% In Bearish Trade
Investing.com – was trading at $181.727 by 09:20 (14:20 GMT) on the Investing.com Index on Monday, down 20.31% on the day. It was the largest one-day percentage loss since March 12, 2020.
The move downwards pushed Litecoin’s market cap down to $12.742B, or 0.82% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $15.750B.
Litecoin had traded in a range of $178.792 to $227.296 in the previous twenty-four hours.
Over the past seven days, Litecoin has seen a drop in value, as it lost 9.58%. The volume of Litecoin traded in the twenty-four hours to time of writing was $7.448B or 4.25% of the total volume of all cryptocurrencies. It has traded in a range of $178.7924 to $247.0730 in the past 7 days.
At its current price, Litecoin is still down 56.73% from its all-time high of $420.00 set on December 12, 2017.
Elsewhere in cryptocurrency trading
was last at $49,814.7 on the Investing.com Index, down 13.23% on the day.
was trading at $1,606.48 on the Investing.com Index, a loss of 18.18%.
Bitcoin’s market cap was last at $944.488B or 60.71% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $190.703B or 12.26% of the total cryptocurrency market value.
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