© Reuters. Litecoin posts 12% decline amid investor fears
Investing.com – Litecoin was trading at $66,061 at 1:09 p.m. (12:09 GMT) on the Investing.com Index on Wednesday, down 11.72% on the day. This is the largest drop since August 17, 2023.
This bearish movement caused the capitalization of Litecoin to fall to $5,322B, or 0.32% of the total capitalization of the cryptocurrency market. At its all-time high, Litecoin’s capitalization reached $25,609B.
Litecoin has moved in a range extending from $66,061 to $73,597 over the last 24 hours.
Over the last 7 days, Litecoin has posted a fall of -4.65%. The volume of Litecoin traded over the last 24 hours reached $347,927M or 0.48% of the total trading on all cryptocurrencies. It has been trading in a range extending from $66.0610 to $77.7636 over the last 7 days.
At its current price, Litecoin is trading 84.27% below its all-time high of December 12, 2017 at $420.00.
As for other cryptocurrencies
Bitcoin is trading at $42,353.7 on Investing.com Index, down 6.59% for the day.
Ethereum was trading at $2,210.18 on the Investing.com Index, a drop of 7.56%.
The total capitalization of Bitcoin reached $857,416B or 50.80% of the total capitalization of cryptocurrencies, while the capitalization of Ethereum reached $277,612B or 16.45% of the total value of the cryptocurrency market.