Litecoin Plunges 43% In Selloff
Investing.com – was trading at $124.505 by 22:39 (03:39 GMT) on the Investing.com Index on Monday, down 43.46% on the day. It was the largest one-day percentage loss ever.
The move downwards pushed Litecoin’s market cap down to $9.902B, or 1.04% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $14.099B.
Litecoin had traded in a range of $124.505 to $170.547 in the previous twenty-four hours.
Over the past seven days, Litecoin has seen a drop in value, as it lost 5.87%. The volume of Litecoin traded in the twenty-four hours to time of writing was $12.259B or 6.66% of the total volume of all cryptocurrencies. It has traded in a range of $124.5050 to $185.6710 in the past 7 days.
At its current price, Litecoin is still down 70.36% from its all-time high of $420.00 set on December 12, 2017.
Elsewhere in cryptocurrency trading
was last at $33,717.9 on the Investing.com Index, down 19.75% on the day.
was trading at $1,027.90 on the Investing.com Index, a loss of 27.43%.
Bitcoin’s market cap was last at $647.157B or 68.06% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $123.965B or 13.04% of the total cryptocurrency market value.
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