U.S. Markets open in 6 hrs 41 mins

Litecoin Falls 11% In Bearish Trade

Investing.com - Litecoin was trading at $43.580 by 19:06 (00:06 GMT) on the Investing.com Index on Monday, down 10.55% on the day. It was the largest one-day percentage loss since September 24.

The move downwards pushed Litecoin's market cap down to $2.852B, or 1.46% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $14.099B.

Litecoin had traded in a range of $43.580 to $44.288 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 25.23%. The volume of Litecoin traded in the twenty-four hours to time of writing was $2.713B or 3.10% of the total volume of all cryptocurrencies. It has traded in a range of $43.5802 to $56.4085 in the past 7 days.

At its current price, Litecoin is still down 89.62% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,868.6 on the Investing.com Index, down 6.63% on the day.

Ethereum was trading at $139.60 on the Investing.com Index, a loss of 9.22%.

Bitcoin's market cap was last at $127.184B or 65.25% of the total cryptocurrency market cap, while Ethereum's market cap totaled $15.508B or 7.96% of the total cryptocurrency market value.

Related Articles

China's Dive Into Blockchain, Digital ID Spurs Rest of World to Action

Sticking to Crypto's Core Philosophy Is the Way to Prevent Its Abuse

JPMorgan’s Blockchain Products, Explained by Ex-JPM Tech Leads