Friday, 19 April 2024
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Litecoin Falls 14% In Rout By Investing.com

Litecoin Breaks Out of its Resistance, Targets Above $60

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© Reuters Litecoin Falls 14% In Rout

Investing.com – Litecoin was trading at $75.370 by 00:27 (04:27 GMT) on the Investing.com Index on Saturday, down 13.99% on the day. It was the largest one-day percentage loss since June 10.

The move downwards pushed Litecoin’s market cap down to $6.255B, or 0.58% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B.

Litecoin had traded in a range of $75.120 to $89.330 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 9.6%. The volume of Litecoin traded in the twenty-four hours to time of writing was $478.884M or 1.70% of the total volume of all cryptocurrencies. It has traded in a range of $75.1200 to $96.4700 in the past 7 days.

At its current price, Litecoin is still down 82.05% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin was last at $25,848.7 on the Investing.com Index, down 2.43% on the day.

Ethereum was trading at $1,795.96 on the Investing.com Index, a loss of 2.32%.

Bitcoin’s market cap was last at $510.447B or 47.04% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $219.665B or 20.24% of the total cryptocurrency market value.

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