Litecoin Falls 11.05% In Selloff

Investing.com – was trading at $98.006 by 03:52 (22:22 GMT) on the Investing.com Index on Wednesday, down 11.05% on the day. It was the largest one-day percentage loss since Wednesday, December 23, 2020.

The move downwards pushed Litecoin’s market cap down to $6.663B, or 1.07% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $14.099B.

Litecoin had traded in a range of $98.006 to $117.155 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a rise in value, as it gained 11.05%. The volume of Litecoin traded in the twenty-four hours to time of writing was $11.690B or 5.47% of the total volume of all cryptocurrencies. It has traded in a range of $90.6089 to $124.0443 in the past 7 days.

At its current price, Litecoin is still down 76.67% from its all-time high of $420.00 set on Tuesday, December 12, 2017.

Elsewhere in cryptocurrency trading

, was last at $22,850.6 on the Investing.com Index, down 3.86% on the day.

was trading at $568.76 on the Investing.com Index, a loss of 9.55%.

Bitcoin’s market cap was last at $428.948B or 68.67% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $66.878B or 10.71% of the total cryptocurrency market value.