Litecoin Falls 10% In Bearish Trade
Investing.com – was trading at $161.131 by 14:56 (18:56 GMT) on the Investing.com Index on Saturday, down 10.47% on the day. It was the largest one-day percentage loss since May 23.
The move downwards pushed Litecoin’s market cap down to $10.689B, or 0.73% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B.
Litecoin had traded in a range of $158.596 to $188.459 in the previous twenty-four hours.
Over the past seven days, Litecoin has seen a drop in value, as it lost 7.87%. The volume of Litecoin traded in the twenty-four hours to time of writing was $4.443B or 3.41% of the total volume of all cryptocurrencies. It has traded in a range of $118.4707 to $208.5835 in the past 7 days.
At its current price, Litecoin is still down 61.64% from its all-time high of $420.00 set on December 12, 2017.
Elsewhere in cryptocurrency trading
was last at $34,066.9 on the Investing.com Index, down 5.94% on the day.
was trading at $2,271.73 on the Investing.com Index, a loss of 9.95%.
Bitcoin’s market cap was last at $634.228B or 43.46% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $262.135B or 17.96% of the total cryptocurrency market value.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
This news is republished from another source. You can check the original article here