Litecoin Cryptocurrency Went Down By Over 16% In The Last 24 Hours

Litecoin (LTC-USD) Cryptocurrency is currently on bearish momentum by 16.37% in the last 24 hours. At 08:07 EST on Friday, 28 May, Litecoin (LTC-USD) is at $168.46.

All TIme High and Low

Litecoin’s current value is at $168.46 which is 59.29% below its all time high of $410.26 at Monday, 10 May.

Litecoin’s current value is at $168.46 which is 14437.47% above its all time low of $1.15 at Wednesday, 14 January.

Market Cap, Volume, and Supply

Litecoin’s current market cap is at 11109445901 and total volume is at 5230306155.

Social Status

Currently, Litecoin (LTC-USD) has 183056 Twitter followers and 332091 Reddit subscribers.

As of now, on Github, there are 2653 forks, 3861 stars, and 537 subscribers.

Volatility

Litecoin’s last week, last month’s, and last quarter’s current volatility was a negative 6.46%, a negative 0.49%, and a positive 4.29%, respectively.

Litecoin’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 10.56% (last week), 5.69% (last month), and 4.29% (last quarter), respectively.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Litecoin’s crypto is considered to be oversold (<=20).

Other News About Litecoin (LTC-USD)

According to FX Empire on Wednesday, 26 May, “Binance Coin (-0.66%) and Litecoin (-0.75%) saw relatively modest losses on the day.”, “Binance Coin (-0.31%), Litecoin (-0.33%), and Ripple’s XRP (-0.88%) also saw red early on.”

According to FX Empire on Friday, 28 May, “Binance Coin (-2.56%), Bitcoin Cash SV (-1.78%), Litecoin (-2.43%) and Polkadot (-0.39%) saw relatively modest losses on the day, however.”

According to Business Insider on Friday, 28 May, “Ebang International Holdings Inc. (NASDAQ:EBON) announced in February it was launching a Litecoin and Dogecoin mining business.”, “Crypto Pal currently has 12,500 mining rigs that are actively mining Dogecoin and Litecoin at different locations. “

News about Bitcoin

Ethereum (eth/usd) strength outshining Bitcoin (btc/usd) recovery. According to DailyFX on Thursday, 27 May, “A big driver behind the crypto rally was wider acceptance of cryptocurrency, led in part by the announcement from Tesla that they were a) going to put Bitcoin on their balance sheet and then b) accept the cryptocurrency as payment.”, “He also shared that he’s talked with North American Bitcoin Developers to discuss a more efficient energy strategy and that’s seemed to help with the recent recovery, to some degree.”

Bitcoin slips below $38,000 as it struggles to retrace losses despite efforts from musk and saylor to buoy confidence. According to Business Insider on Tuesday, 25 May, “Following Musk’s announcement, MicroStrategy founder and CEO Michael Saylor also tweeted that he had formed a Bitcoin Mining Council with industry leaders “to promote energy usage transparency & accelerate sustainability initiatives worldwide.”

Bitcoin pushes past $40,000 as cryptos bounce back from selloff. According to Bloomberg Quint on Wednesday, 26 May, “While die-hard cryptocurrency adherents believe the bull market in Bitcoin has just paused, other commentators are more circumspect.”

More news about Litecoin (LTC-USD).