Litecoin Slips 11% in Bearish Trade with Pullback
Litecoin was trading at $73,258 on the Investing.com Index at 11:14 (08:14 GMT) on Wednesday, down 10.97% on the day. It was the cryptocurrency’s biggest drop since April 12.
The drop was also caused by Litecoin’s market cap shrinking to $5,523B, or 0.19% of the total cryptocurrency market cap. At its peak, Litecoin’s market cap was $25,609B.
In the past 24 hours, Litecoin has traded in a range of $71,883 to $77,675.
In the past 7 days, Litecoin has seen its price rise within a range of 5.38% from its target price. The volume of Litecoin currency traded in the last 24 hours before the publication of this material was $1,172B or 0.38% of the total volume of all cryptocurrencies. The rate varied between $69.9662 and $82.7100 in the last 7 days.
