2 months ago
Cryptocurrency News

Litecoin Tumbles 20% In Bearish Trade

Investing.com - Litecoin was trading at $29.716 by 10:22 (15:22 GMT) on the Investing.com Index on Tuesday, down 20.15% on

Investing.com - Litecoin was trading at $29.716 by 10:22 (15:22 GMT) on the Investing.com Index on Tuesday, down 20.15% 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 $1.842B, or 1.45% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $14.099B.

Litecoin had traded in a range of $29.716 to $32.976 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a rise in value, as it gained 6.95%. The volume of Litecoin traded in the twenty-four hours to time of writing was $529.884M or 2.42% of the total volume of all cryptocurrencies. It has traded in a range of $28.7642 to $36.3220 in the past 7 days.

At its current price, Litecoin is still down 92.92% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin was last at $3,679.6 on the Investing.com Index, down 13.54% on the day.

XRP was trading at $0.36535 on the Investing.com Index, a loss of 20.00%.

Bitcoin's market cap was last at $66.175B or 52.22% of the total cryptocurrency market cap, while XRP's market cap totaled $15.260B or 12.04% of the total cryptocurrency market value.