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Litecoin Falls 10.92% In Bearish Trade

August 09, 2018 03:55:09

© Reuters.

Litecoin was trading at $62.606 by 17:35 (21:35 GMT) on the Index on Wednesday, down 10.92% on the day. It was the largest one-day percentage loss since June 22.

The move downwards pushed Litecoin's market cap down to $3.65B, or 1.64% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $14.10B.

Litecoin had traded in a range of $61.093 to $67.551 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 18.69%. The volume of Litecoin traded in the twenty-four hours to time of writing was $326.84M or 2.05% of the total volume of all cryptocurrencies. It has traded in a range of $61.09 to $78.52 in the past 7 days.

At its current price, Litecoin is still down 85.09% from its all-time high of $420.00 set on December 12.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,291.4 on the Index, down 9.45% on the day.

Ethereum was trading at $355.18 on the Index, a loss of 8.54%.

Bitcoin’s market cap was last at $108.87B or 49.07% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $36.22B or 16.33% of the total cryptocurrency market value.

Category: News

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