Litecoin Falls 10% In Bearish Trade

Litecoin Falls 10% In Bearish Trade

Aug 29, 2019

Litecoin was trading at $64.681 by 14:16 (18:16 GMT) on the Index on Thursday, down 10.03% on the day. It was the largest one-day percentage loss since August 14.

The move downwards pushed Litecoin's market cap down to $4.108B, or 1.64% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $14.099B.

Litecoin had traded in a range of $62.374 to $66.925 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 11.92%. The volume of Litecoin traded in the twenty-four hours to time of writing was $3.389B or 5.11% of the total volume of all cryptocurrencies. It has traded in a range of $58.5524 to $75.6758 in the past 7 days.

At its current price, Litecoin is still down 84.60% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin was last at $9,531.8 on the Index, down 7.02% on the day.

Ethereum was trading at $169.73 on the Index, a loss of 8.42%.

Bitcoin's market cap was last at $171.069B or 68.10% of the total cryptocurrency market cap, while Ethereum's market cap totaled $18.319B or 7.29% of the total cryptocurrency market value.

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