Cryptocurrency News

Litecoin Is Down Over 8% As Crypto Market Follow Bearish Trend.

Following a brutal market blood bath earlier on Saturday, Litecoin is presently trading at $145.07 as per coinmarketcap, down over 8% for the day. It was the greatest percentage fall in a single day since September 7.

Litecoin’s market cap fell to $10.002 billion, or over 7 percent of the total cryptocurrency market cap, as a result of the fall. Litecoin’s market cap peaked at $25.609 billion. In the recent twenty-four hours, Litecoin traded in a range of $130.300 to $189.200. Litecoin’s value has dropped by 16.68 percent during the last seven days. Litecoin traded for $145 in the twenty-four hours to the time of writing, accounting for 1.78 percent of total cryptocurrency activity. In the last 7 days, it has moved in a range of $130.3000 to $218.9000. Litecoin’s current price is still over 80.83 percent lower than its all-time high of $420.00 reached on December 12, 2017.

LTC

LTC/USD 1 DAY PRICE CHART: SOURCE- COINMARKETCAP.COM

As per coinmarketcap, bitcoin was last trading at $48,194.0, down 1.59 percent on the day while Ethereum was trading at $4,021.86, a 3.71 percent loss for the day.

Bitcoin recently had a market size of $910.003B, accounting for 41.24 percent of the entire cryptocurrency market cap, while Ethereum had a market cap of $477.262B, and accounted for 20.92 percent of the total cryptocurrency market value.

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