Litecoin Falls 10% In Selloff

Litecoin Falls 10% In Selloff

Investing.com - Litecoin was trading at $335.675 by 18:39 (22:39 GMT) on the Investing.com Index on Wednesday, down 10.23% on the day. It was the largest one-day percentage loss since May 12.

The move downwards pushed Litecoin's market cap down to $22.874B, or 0.97% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $25.609B.

Our top trading bots

Litecoin had traded in a range of $334.686 to $393.938 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 3.69%. The volume of Litecoin traded in the twenty-four hours to time of writing was $8.215B or 3.40% of the total volume of all cryptocurrencies. It has traded in a range of $318.9858 to $412.8018 in the past 7 days.

At its current price, Litecoin is still down 20.08% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin was last at $51,834.1 on the Investing.com Index, down 8.30% on the day.

Ethereum was trading at $4,049.46 on the Investing.com Index, a loss of 1.97%.

Bitcoin's market cap was last at $984.332B or 41.62% of the total cryptocurrency market cap, while Ethereum's market cap totaled $472.993B or 20.00% of the total cryptocurrency market value.

Keep reading relating to Investing.com
Making sense of the Bitfinex Bitcoin billions
It’s the Netflix script that wrote itself. A story so outlandish, it’s stunned the crypto community; an industry accustomed to apparent suicides in Spanish...
Crypto investors face more uncertainty after rocky start to 2022
By John McCrankNEW YORK (Reuters) -Investors are bracing for more gyrations in bitcoin and other cryptocurrencies, as worries over a hawkish Federal Reserve...
Bitcoin inches towards higher weekly close with CME futures gap in focus
Bitcoin (BTC) was on the cusp of making a new higher weekly close on Feb. 13 as bulls kept the market above $42,000.BTC/USD 1-hour candle chart (Bitstamp)....
Turkish blockchain company opens regional crypto exchanges in globalization bid
Turkish blockchain provider Bitci is seeking to establish local crypto exchanges in Brazil and Spain in a bid to lure local crypto investors.A Bitci spokesperson...
DraftKings Marketplace plans to launch gamified NFT collection next NFL season
The National Football League Players Association, or NFLPA, in collaboration with sports betting operator DraftKings Inc., announced the launch of a gamified...
The Metaverse is a $1T opportunity after users increase 10X: Grayscale report
Crypto investment giant Grayscale has published a bullish report on the Metaverse, estimating that the “market opportunity” for bringing the Metaverse to...
Galaxy Interactive raises another $325M fund aimed at Metaverse and next gen games
Galaxy Interactive, a venture capital firm focused on next generation interactive technolo, has announced it has raised $325 million for its second fund...
‘Thank God for Bitcoin,’ Cynthia Lummis says on US debt limit raise
Amid the United States President Joe Biden signing legislation to raise the government’s debt limit to $28.9 trillion, Senator Cynthia Lummis said that...
Singapore finance authority grants licenses to Independent Reserve and DBS
Singapore’s principal financial regulator, the Monetary Authority of Singapore (MAS), has officially approved two companies to offer cryptocurrency services...
Cardano Jumps 21% In Rally
Investing.com - Cardano was trading at $1.643326 by 13:55 (17:55 GMT) on the Investing.com Index on Sunday, up 20.84% on the day. It was the largest one-day...
Almost all major Bitcoin mining pools now signaling for Taproot activation
Disclaimer: This article has been updated to reflect that BTC.Top has begun signaling for Taproot activation.The top-10 Bitcoin (BTC) mining pools by hash...
Shift toward full decentralization pushes Maker (MKR) price above $4K
Stablecoins have become a significant foundational piece for the cryptocurrency sector because they serve as a deeply liquid base pair for most assets and...
XRP price surges 55% to a 3-year high amid push for financial inclusivity
XRP price saw a 55% breakout over the past two days as the sixth-ranked cryptocurrency by market cap has renewed its focus on the creation of a cross-border...
Ethereum season? ETH options traders are placing big bets for June
The price of Ether (ETH) is continuing to rally, reaching $2,000 on Friday on the back of strong technical momentum following a high-profile announcement...
Pakistani Who Send Cryptos Abroad Will Be Prosecuted – State’s Central Bank
Last week Indian central bank announced its decision to take a hardline stance on cryptocurrencies in the country, saying that all accounts, dealing...