Litecoin Tumbles 20% In Bearish Trade
Litecoin Tumbles 20% In Bearish Trade
Investing.com – was trading at $60.074 by 14:57 (18:57 GMT) on the Investing.com Index on Tuesday, down 20.31% on the day. It was the largest one-day percentage loss since September 14, 2017.
The move downwards pushed Litecoin’s market cap down to $4.100B, or 1.67% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $14.099B.
Litecoin had traded in a range of $60.074 to $67.528 in the previous twenty-four hours.
Over the past seven days, Litecoin has seen a drop in value, as it lost 13.25%. The volume of Litecoin traded in the twenty-four hours to time of writing was $3.712B or 5.42% of the total volume of all cryptocurrencies. It has traded in a range of $60.0735 to $79.9356 in the past 7 days.
At its current price, Litecoin is still down 85.70% from its all-time high of $420.00 set on December 12, 2017.
Elsewhere in cryptocurrency trading
was last at $8,726.9 on the Investing.com Index, down 12.70% on the day.
was trading at $169.20 on the Investing.com Index, a loss of 22.65%.
Bitcoin’s market cap was last at $165.318B or 67.29% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $19.545B or 7.96% of the total cryptocurrency market value.
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Source: investing.com
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