Saturday, January 28, 2023

Litecoin Falls 16% In Selloff By


© Reuters. – was trading at $44.730 by 09:19 (14:19 GMT) on the Index on Monday, down 15.91% on the day. It was the largest one-day percentage loss since March 9, 2018.

The move downwards pushed Litecoin’s market cap down to $2.743B, or 2.13% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $14.099B.

Litecoin had traded in a range of $43.806 to $45.141 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 2.57%. The volume of Litecoin traded in the twenty-four hours to time of writing was $1.494B or 4.03% of the total volume of all cryptocurrencies. It has traded in a range of $42.7227 to $53.4060 in the past 7 days.

At its current price, Litecoin is still down 89.35% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

was last at $3,796.6 on the Index, down 8.14% on the day.

was trading at $137.45 on the Index, a loss of 17.29%.

Bitcoin’s market cap was last at $67.368B or 52.33% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $14.579B or 11.32% of the total cryptocurrency market value.

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