Litecoin Falls 10% In Selloff

Investing.com – Litecoin was buying and selling at $119.863 by 15:16 (20:16 GMT) on the Investing.com Index on Monday, down 10.18% on the day. It was the biggest one-day proportion loss since December 9.

The transfer downwards pushed Litecoin’s market cap all the way down to $9.197B, or 0.26% of the whole cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B.

Litecoin had traded in a variety of $119.863 to $134.947 within the earlier twenty-four hours.

Over the previous seven days, Litecoin has seen a drop in worth, because it misplaced 8.13%. The quantity of Litecoin traded within the twenty-four hours to time of writing was $1.201B or 0.52% of the whole quantity of all cryptocurrencies. It has traded in a variety of $119.8633 to $146.4875 previously 7 days.

At its present worth, Litecoin remains to be down 71.46% from its all-time excessive of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency buying and selling

Bitcoin was final at $97,009.6 on the Investing.com Index, down 3.09% on the day.

Ethereum was buying and selling at $3,787.79 on the Investing.com Index, a lack of 5.10%.

Bitcoin’s market cap was final at $1,919.736B or 54.39% of the whole cryptocurrency market cap, whereas Ethereum’s market cap totaled $456.957B or 12.95% of the whole cryptocurrency market worth.