Litecoin Falls 12% In Bearish Trade
Investing.com – was trading at $50.370 by 23:22 (03:22 GMT) on the Investing.com Index on Monday, down 12.14% on the day. It was the largest one-day percentage loss since May 11.
The move downwards pushed Litecoin’s market cap down to $3.725B, or 0.41% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B.
Litecoin had traded in a range of $50.360 to $53.700 in the previous twenty-four hours.
Over the past seven days, Litecoin has seen a drop in value, as it lost 15.23%. The volume of Litecoin traded in the twenty-four hours to time of writing was $494.447M or 0.71% of the total volume of all cryptocurrencies. It has traded in a range of $50.3600 to $67.3800 in the past 7 days.
At its current price, Litecoin is still down 88.01% from its all-time high of $420.00 set on December 12, 2017.
Elsewhere in cryptocurrency trading
was last at $18,789.4 on the Investing.com Index, down 6.21% on the day.
was trading at $1,303.88 on the Investing.com Index, a loss of 10.41%.
Bitcoin’s market cap was last at $360.474B or 39.57% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $159.966B or 17.56% of the total cryptocurrency market value.