Litecoin Falls 31% In Selloff

Litecoin Falls 31% In Selloff

Investing.com - Litecoin was trading at $189.205 by 22:56 (02:56 GMT) on the Investing.com Index on Thursday, down 30.51% on the day. It was the largest one-day percentage loss since May 19.

The move downwards pushed Litecoin's market cap down to $12.522B, or 0.78% 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 $166.696 to $195.308 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 42.59%. The volume of Litecoin traded in the twenty-four hours to time of writing was $12.132B or 3.05% of the total volume of all cryptocurrencies. It has traded in a range of $145.8782 to $338.8282 in the past 7 days.

At its current price, Litecoin is still down 54.95% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin was last at $38,043.3 on the Investing.com Index, down 6.86% on the day.

Ethereum was trading at $2,458.73 on the Investing.com Index, a loss of 21.19%.

Bitcoin's market cap was last at $708.476B or 44.23% of the total cryptocurrency market cap, while Ethereum's market cap totaled $282.093B or 17.61% of the total cryptocurrency market value.

Read on concerning Investing.com
Chinese police busts illegal crypto mining farm, seizes 190 miners
The Guangdong province’s Development and Reform Commission has reportedly busted an illegal crypto mining farm secretly operating in an electric vehicle...
Cryptopedia: What is the Metaverse and how will it alter the internet?
Cointelegraph's Jackson DuMont, the director of the video, tackles the topic of the "next big thing:" the Metaverse. He explains the who, what and why behind...
Investors underestimate Bitcoin's "huge upside potential", Fidelity researcher says
Chris Kuiper, Head of Research at Fidelity Digital Assets, is convinced that Bitcoin (BTC) should be treated separately from other digital assets and believes...
Suit up! Cointelegraph Store drops fresh crypto swag
A new era in the world of crypto-inspired merch is here. The Cointelegraph Store is live and ready to outfit you with swag you can’t find anywhere else....
THE CRYPTOVERSE-Teenage bitcoin throws an interest rate tantrum
By Lisa Pauline Mattackal and Medha Singh(Reuters) - Bitcoin is growing up. The original cryptocurrency turns 13 this year and is showing signs of becoming...
Price analysis 11/15: BTC, ETH, BNB, SOL, ADA, XRP, DOT, DOGE, SHIB, LUNA
Bitcoin (BTC) could not sustain its gains and succumbed to profit-booking as the U.S. trading markets started the week, possibly indicating that bears have...
NFTs for freedom: Nonfungible tokens and the right to self-determination
It seems that everyone — from corporate behemoths like Visa and Anheuser-Busch to socialite Paris Hilton and NBA legends Michael Jordan and Kevin Durant...
China’s crypto ban: Buy the dip or cause for concern?
Last month China’s central bank, the People’s Bank of China (PBoC), published a memo criminalizing practically all cryptocurrency activity. When the memo...
Takeaways: 5 years after The DAO crisis and Ethereum hard fork
A vulnerability of a smart contract in one private DAO fund firstly to the leak of cryptocurrency worth tens of millions of dollars (billions as of today)...
InComm Payments merchants can now accept crypto through Flexa
Incomm Payments, a global payments provider with over 500,000 points of distribution, has entered into a partnership with Flexa that allows merchants to...
Big rise in financial advisers adding crypto assets to client portfolios
According to a survey, financial advisers are recommending investments in Bitcoin and crypto assets to their clients more than ever before.A report by the...
Price analysis 4/28: BTC, ETH, BNB, XRP, ADA, DOGE, DOT, UNI, LTC, BCH
Bitcoin (BTC) has slowed down after its sharp relief rally over the past 48 hours, but Ether (ETH) is in no mood to rest as it continues to chase new all-time...
Microsoft reportedly polling Xbox users about Bitcoin payment option
Tech giant Microsoft seems to be considering introducing Bitcoin (BTC) payments at its Xbox gaming console online store.According to a March 21 Reddit post...
Robinhood targets expanded cryptocurrency trading business
Robinhood CEO Vlad Tenev has said the company is working towards increasing its cryptocurrency trading service.In a fireside chat posted on the broker’s...
What Did Experts Say About Cryptocurrencies For 2018?
In the current year, crypto-currencies can show even more significant growth than in the previous year, and the capitalization of cryptology may exceed...