Litecoin drops 12% in sell-off, Investing.com says


Investing.com – Litecoin was trading at $56.641 at 21:10 (01:10 GMT) on the Investing.com index on Monday, down 12.49% on the day. It was the largest one-day percentage loss since April 12.

The downward movement caused Litecoin’s market cap to fall to $4.462 billion, or 0.23% of the total cryptocurrency market cap. At its highest level, Litecoin’s market cap was $25.609 billion.

Litecoin had been trading in a range of $56,388 to $62,558 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value as it lost 16.95%. Litecoin’s volume traded in the twenty-four hours up to the time of writing was $310.643 million or 0.37% of the total volume of all cryptocurrencies. It has traded in a range of $56.3884 to $74.5485 over the past 7 days.

At its current price, Litecoin is still 86.51% below its all-time high of $420.00 reached on December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin was last trading at $54,701.4 on the Investing.com index, down 9.17% on the day.

Ethereum was trading at $2,336.45 on the Investing.com index, a loss of 19.83%.

Bitcoin's market cap was last at $1,105.922 billion or 56.04% of the total cryptocurrency market cap, while Ethereum's market cap amounted to $301.107 billion or 15.26% of the total cryptocurrency market value.



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