© Reuters. Litecoin drops 12% amid investor fears
Investing.com – Litecoin was trading at $89,000 at 01:21 (23:21 GMT) on the Investing.com Index on Wednesday, down 12.19% on the day. This is the biggest drop since April 19.
This bearish movement caused Litecoin’s capitalization to fall to $6.734B, or 0.55% of the total cryptocurrency market capitalization. At its all-time high, Litecoin’s capitalization reached $25,609B.
Litecoin traded in a range extending from $89,000 to $101,880 over the past 24 hours.
Over the last 7 days, Litecoin has shown a stagnation of only 0.55%. Litecoin volume traded over the past 24 hours reached $800.032M or 1.36% of total trade across all cryptocurrencies. It has moved in a range extending from $88.9500 to $103.1000 over the past 7 days.
At its current price, Litecoin is trading 78.81% below its historic high of December 12, 2017 at $420.00.
On the side of other crypto-currencies
Bitcoin is trading at $28,662.4 on the Investing.com Index, down 5.59% on the day.
Ethereum was trading at $1,929.02 on the Investing.com Index, down 7.95%.
Bitcoin’s total capitalization reached $560.321B or 46.18% of the total cryptocurrency market capitalization, while Ethereum’s capitalization reached $233.421B or 19.24% of the total cryptocurrency market value.