© Reuters Litecoin falls 11% in a bear market
Investing.com – was trading at $52,890 as of 04:33 (03:33 GMT) on the Investing.com Index on Thursday, down 10.87% on the day. This is the largest drop since November 9.
This bearish movement caused Litecoin’s capitalization to fall to $3.813B, or 0.46% of the total cryptocurrency market capitalization. At its all-time high, Litecoin’s capitalization reached $25,609B.
Litecoin has moved in a range extending from $50,080 to $53,670 over the past 24 hours.
Over the last 7 days, Litecoin posted a drop of -16.59%. Litecoin volume traded over the past 24 hours reached $1.736B or 0.92% of total trade across all cryptocurrencies. It has moved in a range extending from $48.0000 to $72.9400 over the past 7 days.
At its current price, Litecoin is trading 87.41% below its historic high of December 12, 2017 at $420.00.
On the side of other crypto-currencies
traded at $16,342.2 on the Investing.com Index, down 10.81% on the day.
traded at $1,172.21 on the Investing.com Index, down 9.73%.
Bitcoin’s total capitalization reached $315.767B or 38.28% of the total cryptocurrency market capitalization, while Ethereum’s capitalization reached $143.344B or 17.38% of the total cryptocurrency market value.