Litecoin Tumbles 21% In Selloff

Investing.com - Litecoin was trading at $98.669 by 00:27 (04:27 GMT) on the Investing.com Index on Thursday, down 20.79% 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 $6.392B, or 2.00% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $14.099B.

Litecoin had traded in a range of $98.669 to $108.292 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 16.34%. The volume of Litecoin traded in the twenty-four hours to time of writing was $4.644B or 4.81% of the total volume of all cryptocurrencies. It has traded in a range of $98.6693 to $124.8277 in the past 7 days.

At its current price, Litecoin is still down 76.51% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin was last at $11,381.3 on the Investing.com Index, down 13.82% on the day.

Ethereum was trading at $271.03 on the Investing.com Index, a loss of 14.73%.

Bitcoin's market cap was last at $208.572B or 65.28% of the total cryptocurrency market cap, while Ethereum's market cap totaled $29.637B or 9.28% of the total cryptocurrency market value.

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