Litecoin Falls 10% In Bearish Trade

Fibo Quantum – Litecoin was trading at $58.567 by 12:16 (17:16 GMT) on the Index on Friday, down 10.09% on the day. It was the largest one-day percentage loss since February 26.

The move downwards pushed Litecoin’s market cap down to $3.793B, or 1.50% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $14.099B.

Litecoin had traded in a range of $56.953 to $63.302 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 19.46%. The volume of Litecoin traded in the twenty-four hours to time of writing was $5.259B or 3.34% of the total volume of all cryptocurrencies. It has traded in a range of $56.9527 to $79.9201 in the past 7 days.

At its current price, Litecoin is still down 86.06% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin was last at $8,580.6 on the Index, down 4.17% on the day.

Ethereum was trading at $221.91 on the Index, a loss of 6.66%.

Bitcoin’s market cap was last at $157.527B or 62.49% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $24.571B or 9.75% of the total cryptocurrency market value.

Related Articles

Bitcoin Price Tests 150-Day Moving Average Support; Can it Bounce Back?

Grammy-Nominated Artist Akon to Launch Cryptocurrency on Stellar

Why Banks Aren’t Banking Your Crypto Startup