Litecoin falls 11% in a pessimistic market


© Reuters. Litecoin falls 11% in a pessimistic market

Investing.com – Litecoin was trading at $85,260 as of 18:01 (16:01 GMT) on the Investing.com Index on Monday, down 10.78% on the day. This is the biggest drop since April 19.

This bearish movement caused the market capitalization of Litecoin to drop to $6,496B, or 0.59% of the total market capitalization of cryptocurrencies. At its all-time high, Litecoin’s capitalization reached $25,609B.

Litecoin traded in a range extending from $85,260 to $94,540 over the past 24 hours.

Over the last 7 days, Litecoin posted a drop of -2.14%. Litecoin volume traded over the past 24 hours reached $624.997M or 1.85% of total trade across all cryptocurrencies. It has moved in a range extending from $85.2600 to $97.4300 over the last 7 days.

At its current price, Litecoin is trading 79.70% below its historic high of December 12, 2017 at $420.00.

On the side of other crypto-currencies

Bitcoin is trading at $25,845.6 on the Investing.com Index, down 4.74% on the day.

Ethereum was trading at $1,794.39 on the Investing.com Index, down 5.63%.

Bitcoin’s total capitalization reached $507.494B or 45.90% of the total cryptocurrency market capitalization, while Ethereum’s capitalization reached $220.028B or 19.90% of the total cryptocurrency market value.



Source link -95