Litecoin Tumbles 20% In Bearish Trade By Investing.com

January 22, 2021 Editor Litecoin 0

Litecoin Tumbles 20% In Bearish Trade

Investing.com – was trading at $124.403 by 19:26 (00:26 GMT) on the Investing.com Index on Friday, down 20.34% on the day. It was the largest one-day percentage loss since March 12, 2020.

The move downwards pushed Litecoin’s market cap down to $8.458B, or 0.96% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $14.099B.

Litecoin had traded in a range of $124.323 to $129.869 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 15.43%. The volume of Litecoin traded in the twenty-four hours to time of writing was $8.684B or 5.40% of the total volume of all cryptocurrencies. It has traded in a range of $124.3234 to $166.0520 in the past 7 days.

At its current price, Litecoin is still down 70.38% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

was last at $29,902.4 on the Investing.com Index, down 18.64% on the day.

was trading at $1,066.18 on the Investing.com Index, a loss of 29.20%.

Bitcoin’s market cap was last at $567.040B or 64.50% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $126.485B or 14.39% of the total cryptocurrency market value.

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