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Litecoin Falls 10% In Selloff

October 11, 2018 02:30:13

© Reuters. - Litecoin was trading at $53.324 by 21:24 (01:24 GMT) on the Index on Thursday, down 10% on the day. It was the largest one-day percentage loss since September 5.

The move downwards pushed Litecoin's market cap down to $3.23B, or 1.53% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $14.10B.

Litecoin had traded in a range of $49.426 to $58.373 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 5.32%. The volume of Litecoin traded in the twenty-four hours to time of writing was $355.99M or 2.76% of the total volume of all cryptocurrencies. It has traded in a range of $49.43 to $60.16 in the past 7 days.

At its current price, Litecoin is still down 87.30% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,327.2 on the Index, down 4.86% on the day.

Ethereum was trading at $205.01 on the Index, a loss of 12.35%.

Bitcoin's market cap was last at $112.28B or 53.23% of the total cryptocurrency market cap, while Ethereum's market cap totaled $21.55B or 10.22% of the total cryptocurrency market value.

Category: News

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