Litecoin falls 10% in Rout
By 00:58 (05:58 GMT) on Saturday, Litecoin was trading on the Investing.com Index at $65.790, which was down 10.06% for the day. It was the biggest percentage drop in one day since November 9.
The drop brought Litecoin’s market cap down to $4.786 billion, which is 0.60 percent of the market cap of all cryptocurrencies. At its peak, the value of Litecoin on the market was $25.609 billion.
In the last 24 hours, the price of Litecoin ranged from $65.790 to $67.590.
Litecoin has lost 12.75 percent of its value over the past week. At the time of writing, $835.171 million worth of Litecoin had been traded in the last twenty-four hours. This is 1.68% of the total amount of all cryptocurrencies that have been traded. In the last 7 days, it has been worth anywhere from $65.0700 to $79.7600.
At its current price, Litecoin is still down 84.34% from December 12, 2017, when it hit its all-time high of $420.00.
In other parts of cryptocurrency trading,
On the Investing.com Index, Bitcoin was last worth $16,683.5, which is down 4.07% for the day.
The Investing.com Index price for Ethereum was $1,177.24, which was a loss of 7.29%.
Related: Litecoin Falls 12% In Bearish Trade
Last time we checked, Bitcoin’s market cap was $321.55 billion, which was 40.02% of the total market cap for all cryptocurrencies. Ethereum’s market cap was $144.285 billion, which was 17.96% of the total market value of all cryptocurrencies.