Litecoin Falls 12% In Selloff

investing.com 05/08/2024 - 01:11 AM

Litecoin Market Update

Litecoin was trading at $56.641 by 21:10 (01:10 GMT) on Monday, marking a 12.49% decline for the day. This represents the largest one-day percentage loss since April 12.

The downward movement pushed Litecoin’s market cap to $4.462B, accounting for 0.23% of the total cryptocurrency market cap. At its peak, Litecoin’s market cap reached $25.609B.

In the past 24 hours, Litecoin has fluctuated between $56.388 and $62.558. Over the last week, it has experienced a 16.95% drop in value, with a trading volume of $310.643M, which is 0.37% of the total cryptocurrency trading volume. In the previous week, its range was between $56.3884 and $74.5485.

Currently, Litecoin is down 86.51% from its all-time high of $420.00, which was set on December 12, 2017.

Other Cryptocurrency Updates

  • Bitcoin: Last traded at $54,701.4, down 9.17% for the day, with a market cap of $1,105.922B (56.04% of total market cap).
  • Ethereum: Traded at $2,336.45, experiencing a loss of 19.83%, with a market cap of $301.107B (15.26% of total market value).



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