Litecoin Falls 12% In Bearish Trade
The price of Litecoin traded at $50.370 at 23:22 (03:22 GMT) on the Index on Monday, down 12.14 percent on the day. It was the highest single-day percentage loss since May 11.
The decline in the market cap of Litecoin down to $3.725B which is 0.41 percent of the total market cap of cryptocurrency. The highest the market cap for Litecoin was $25.609B.
Litecoin has traded in the range between $50.360 up to $53.700 in the previous twenty-four hours.
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In the last 7 days Litecoin is experiencing a decrease in value, having dropped 15.23 percent. The amount that Litecoin that was traded in the 24 hours prior to the time as of the writing time was $494.447M which is 0.71 percent of the total quantity of all cryptocurrencies. The cryptocurrency has been traded in an interval between $50.3600 between $50.3600 and $67.3800 in the past 7 days.
At its current rate, Litecoin is still down 88.01 percent from its all-time maximum of $420.00 which was reached on December 12, 2017.
Otherwhere in the cryptocurrency trading
Bitcoin is last seen at $18,789.4 in the Investing.com Index, down 6.21 percent on the previous day.
Ethereum traded at $1,303.88 in the Investing.com Index, a loss of 10.41 percent.
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The market cap for Bitcoin stood at $360.474B which is 39.57 percent of the overall market cap for cryptocurrency. Ethereum’s market cap was $159.966B which is 17.56 percent of the total market value.