Investing.com – Litecoin witnessed a significant downturn, trading at $93.815 by 13:21 (17:21 GMT) on the Investing.com Index on Tuesday, marking a 10.54% drop for the day. This downturn represents the largest one-day percentage loss since January 3.
Litecoin’s Market Performance The downward movement drove Litecoin’s market cap to $7.020 billion, accounting for 0.27% of the total cryptocurrency market cap. In comparison, Litecoin’s market cap reached $25.609 billion at its peak.
Litecoin traded within a range of $93.815 to $104.245 over the previous twenty-four hours.
Recent Performance and Volume Over the past seven days, Litecoin experienced a surge in value, gaining 10.63%. The trading volume of Litecoin in the twenty-four hours leading up to the time of writing amounted to $1.281 billion, contributing to 0.85% of the total volume of all cryptocurrencies. During the last 7 days, Litecoin’s price fluctuated between $79.9100 and $105.6173.
Litecoin’s Current Standing Despite recent fluctuations, Litecoin remains significantly below its all-time high of $420.00, recorded on December 12, 2017, with the current price reflecting a 77.66% decrease from that peak.
Other Cryptocurrency Movements Bitcoin, another prominent cryptocurrency, was trading at $69,556.8 on the Investing.com Index, down 4.05% for the day.
Similarly, Ethereum saw a decline, trading at $3,870.45 on the Investing.com Index, representing a loss of 4.18%.
Market Capitalization Overview Bitcoin’s market cap stands at $1.370 trillion, accounting for 52.08% of the total cryptocurrency market cap, while Ethereum’s market cap totals $466.189 billion, constituting 17.72% of the total cryptocurrency market value.
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