Litecoin Drops 12% in Bearish Trade By

Litecoin down 12% in bearish trade – $50.370 was trading at $50.370 by 23:22 (03:22 GMT) on the Index on Monday, down 12.14% on the day. This is the biggest one-day percentage loss since May 11.

The move down pushed Litecoin’s market cap to $3.725 billion, or 0.41% of the total cryptocurrency market cap. At its highest, Litecoin’s market capitalization reached $25.609 billion.

Litecoin has been trading in a range between $50,360 and $53,700 in the last 24 hours.

Over the past seven days, Litecoin has seen a drop in its value, losing 15.23%. Litecoin’s trading volume in the twenty-four hours to the time of writing was $494.447 million or 0.71% of the total volume of all cryptocurrencies. It has been trading in a range of $50.3600 to $67,800 in the past seven days.

At its current price, Litecoin is still down 88.01% from its all-time high of $420.00 on December 12, 2017.

Elsewhere in cryptocurrency trading

It was last at $18,789.4 on the Index, down 6.21% on the day.

It traded at $1,303.88 on the Index, a 10.41% loss.

The market capitalization of Bitcoin was last at $360.474 billion or 39.57% of the total cryptocurrency market cap, while the total market cap of Ethereum was at $159,966 billion, or 17.56% of the total cryptocurrency market cap.

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