Cryptocurrency News

Litecoin Falls 11% In Rout

2022.05.11 16:01

Litecoin Falls 11% In Rout
Litecoin Falls 11% In Rout

Investing.com – Litecoin was trading at $75.100 by 08:43 (12:43 GMT) on the Investing.com Index on Wednesday, down 10.81% on the day. It was the largest one-day percentage loss since May 9.

The move downwards pushed Litecoin’s market cap down to $5.464B, or 0.40% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B.

Litecoin had traded in a range of $75.100 to $82.700 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 23.83%. The volume of Litecoin traded in the twenty-four hours to time of writing was $1.451B or 0.88% of the total volume of all cryptocurrencies. It has traded in a range of $73.5000 to $106.9000 in the past 7 days.

At its current price, Litecoin is still down 82.12% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin was last at $30,139.0 on the Investing.com Index, down 6.31% on the day.

Ethereum was trading at $2,259.58 on the Investing.com Index, a loss of 7.57%.

Bitcoin’s market cap was last at $584.950B or 42.98% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $282.234B or 20.74% of the total cryptocurrency market value.

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