Litecoin is down 10% in a bearish market.
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On Wednesday, Litecoin was trading at $220.800 on the Investing.com Index at 22:16 (03:16 GMT), down 10.24 percent on the day. It was the biggest percentage drop in a single day since November 16.
Litecoin’s market cap fell to $15.554 billion, or 0.61 percent of the overall cryptocurrency market cap, as a result of the decline. Litecoin’s market capitalization peaked at $25.609 billion dollars. In the preceding twenty-four hours, Litecoin has traded in a range of $220.800 to $233.600.
Litecoin’s value has dropped 12.19 percent in the last seven days. The total volume of Litecoin traded in the twenty-four hours leading up to the time of writing was $3.579 billion, or 2.52 percent of all cryptocurrency volume.
In the last week, it has moved in a range of $220.8000 to $282. 6000.Litecoin is still trading at a 47.43% discount to its all-time high of $420.00 established on December 12, 2017.
Story by : Norvisi Mawunyegah