Litecoin Tumbles 21% In Selloff

imageCryptocurrency News13 hours ago (Feb 26, 2020 12:48PM ET)

Litecoin Tumbles 21% In Selloff – Litecoin was trading at $58.013 by 12:47 (17:47 GMT) on the Index on Wednesday, down 20.80% on the day. It was the largest one-day percentage loss since September 14, 2017.

The move downwards pushed Litecoin’s market cap down to $3.815B, or 1.51% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $14.099B.

Litecoin had traded in a range of $58.013 to $72.120 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 21.95%. The volume of Litecoin traded in the twenty-four hours to time of writing was $5.994B or 3.36% of the total volume of all cryptocurrencies. It has traded in a range of $58.0130 to $79.9201 in the past 7 days.

At its current price, Litecoin is still down 86.19% from its all-time high of $420.00 set on December 12, 2017.

Bitcoin was last at $8,680.3 on the Index, down 7.45% on the day.

Ethereum was trading at $220.31 on the Index, a loss of 13.20%.

Bitcoin’s market cap was last at $158.919B or 62.96% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $24.364B or 9.65% of the total cryptocurrency market value.

Litecoin Tumbles 21% In Selloff

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