Litecoin Value Up 10% As Investors Gain Confidence
Investing.com – Litecoin was trading at $86,660 by 20:56 (00:56 GMT) on the Investing.com benchmark on Saturday, up 10.47% on the day. It was the largest one-day percentage gain since November 23, 2022.
This upward move pushed the market cap of Litecoin to $6.186 billion, or 0.53% of the total cryptocurrency market cap. At its highest, Litecoin’s market capitalization was $25.609 billion.
Litecoin has been trading in a range from $84,670 to $86,660 in the last 24 hours.
Over the past seven days, Litecoin has seen a surge in value, gaining 18.44%. Litecoin trading volume in the twenty-four hours to the time of writing is $624.613 million or 0.73% of the total volume of all cryptocurrencies. It has been trading in a range from $67.4400 to $88.1000 in the past seven days.
At its current price, Litecoin is still down 79.37% from its all-time high of $420.00 on December 12, 2017.
Elsewhere in cryptocurrency trading
Bitcoin was last at $27,597.8 on the Investing.com Index, up 10.75% on the day.
Ethereum was trading at $1,812.82 on the Investing.com Index, up 8.86%.
Bitcoin’s market capitalization last reached $530.510 billion or 45.47% of the total cryptocurrency market cap, while Ethereum’s total market capitalization was $218.819 billion or 18.75% of the total cryptocurrency market cap.