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Litecoin Falls 11% In Bearish Trade

Published 11/24/2018, 05:16 PM
© Reuters.
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Investing.com - Litecoin was trading at $29.700 by 17:16 (22:16 GMT) on the Investing.com Index on Saturday, down 10.96% on the day. It was the largest one-day percentage loss since November 19.

The move downwards pushed Litecoin's market cap down to $1.731B, or 1.37% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $14.099B.

Litecoin had traded in a range of $29.364 to $33.978 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 30.63%. The volume of Litecoin traded in the twenty-four hours to time of writing was $365.763M or 2.89% of the total volume of all cryptocurrencies. It has traded in a range of $29.3639 to $44.1274 in the past 7 days.

At its current price, Litecoin is still down 92.93% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin was last at $3,950.0 on the Investing.com Index, down 12.13% on the day.

XRP was trading at $0.38238 on the Investing.com Index, a loss of 6.73%.

Bitcoin's market cap was last at $67.554B or 53.52% of the total cryptocurrency market cap, while XRP's market cap totaled $15.189B or 12.03% of the total cryptocurrency market value.

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