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Litecoin Tumbles 21% In Bearish Trade

Investing.com – Litecoin was trading at $23.259 by 11:31 (16:31 GMT) on the Investing.com Index on Friday, down 20.55% on the day. It was the largest one-day percentage loss since September 14, 2017.

The move downwards pushed Litecoin’s market cap down to $1.426B, or 1.36% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $14.099B.

Litecoin had traded in a range of $23.257 to $26.890 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 25.18%. The volume of Litecoin traded in the twenty-four hours to time of writing was $435.670M or 2.55% of the total volume of all cryptocurrencies. It has traded in a range of $23.2574 to $60.6702 in the past 7 days.

At its current price, Litecoin is still down 94.46% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin was last at $3,282.4 on the Investing.com Index, down 11.97% on the day.

XRP was trading at $0.29228 on the Investing.com Index, a loss of 12.56%.

Bitcoin’s market cap was last at $57.710B or 55.05% of the total cryptocurrency market cap, while XRP’s market cap totaled $11.915B or 11.37% of the total cryptocurrency market value.

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