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Litecoin Falls 10.15% In Selloff

August 11, 2018 03:00:58

© Reuters.

Litecoin was trading at $58.786 by 18:55 (22:55 GMT) on the Index on Friday, down 10.15% on the day. It was the largest one-day percentage loss since June 22.

The move downwards pushed Litecoin's market cap down to $3.41B, or 1.60% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $14.10B.

Litecoin had traded in a range of $58.620 to $63.293 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 23.42%. The volume of Litecoin traded in the twenty-four hours to time of writing was $258.97M or 1.99% of the total volume of all cryptocurrencies. It has traded in a range of $58.62 to $78.04 in the past 7 days.

At its current price, Litecoin is still down 86.00% from its all-time high of $420.00 set on December 12.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,100.7 on the Index, down 8.11% on the day.

Ethereum was trading at $328.87 on the Index, a loss of 12.23%.

Bitcoin's market cap was last at $105.78B or 49.51% of the total cryptocurrency market cap, while Ethereum's market cap totaled $33.58B or 15.72% of the total cryptocurrency market value.

Category: News

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