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Litecoin Tumbles 20.83% In Selloff

Investing.com - Litecoin was trading at $61.637 by 12:50 (16:50 GMT) on the Investing.com Index on Wednesday, down 20.83% on the day. It was the largest one-day percentage loss since September 14.

The move downwards pushed Litecoin's market cap down to $3.66B, or 1.63% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $14.10B.

Litecoin had traded in a range of $61.093 to $67.551 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 18.43%. The volume of Litecoin traded in the twenty-four hours to time of writing was $333.07M or 2.08% of the total volume of all cryptocurrencies. It has traded in a range of $61.09 to $78.52 in the past 7 days.

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At its current price, Litecoin is still down 85.32% from its all-time high of $420.00 set on December 12.

Elsewhere in cryptocurrency trading

Bitcoin was last at $6,263.4 on the Investing.com Index, down 13.65% on the day.

Ethereum was trading at $352.27 on the Investing.com Index, a loss of 16.14%.

Bitcoin’s market cap was last at $110.70B or 49.17% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $36.35B or 16.14% of the total cryptocurrency market value.

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