MoneyNews

Litecoin posts a 10% decline in a pessimistic market

UNITED STATES (OBSERVATORY NEWS) — Litecoin was trading at $ 58.567 at 18:16 (17:16 GMT) on the Investing.com Index on Friday, down 10.09% on the day. This is the largest drop since February 26.

This bearish move brought Litecoin’s market capitalization down to $ 3,793B, or 1.50% of the total cryptocurrency market capitalization. At its all-time high, Litecoin’s market capitalization reached $ 14,099B.

Litecoin has traded in a range ranging from $ 56,953 to $ 63,302 in the past 24 hours.

Over the past 7 days, Litecoin has posted a fall of -19.46%. The volume of Litecoin traded in the past 24 hours has reached $ 5,259B or 3.34% of the total trade on all cryptocurrencies. It has traded in a range ranging from $ 56.9527 to $ 79.9201 in the past 7 days.

At its current price, Litecoin is moving 86.06% below its historic peak of December 12, 2017 at $ 420.00.

On the side of other cryptocurrencies
Bitcoin was trading at $ 8,580.6 on the Investing.com Index, down 4.17% on the day.

Ethereum was trading at $ 221.92 on the Investing.com Index, a decrease of 6.66%.

Bitcoin’s total market capitalization reached $ 157.527B or 62.49% of the total cryptocurrency market capitalization, while Ethereum’s market capitalization reached $ 24.571B or 9.75% of the total cryptocurrency market value.

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