Litecoin Falls 12% In Selloff

Litecoin was trading at $56.641 by 21:10 (01:10 GMT) on the Investing.com Index on Monday, down 12.49% on the day. It was the largest one-day percentage loss since April 12.

The move downwards pushed Litecoin's market cap down to $4.462B, or 0.23% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $25.609B.

Litecoin had traded in a range of $56.388 to $62.558 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 16.95%. The volume of Litecoin traded in the twenty-four hours to time of writing was $310.643M or 0.37% of the total volume of all cryptocurrencies. It has traded in a range of $56.3884 to $74.5485 in the past 7 days.

At its current price, Litecoin is still down 86.51% from its all-time high of $420.00 set on December 12, 2017. Elsewhere in cryptocurrency trading

Bitcoin was last at $54,701.4 on the Investing.com Index, down 9.17% on the day.

Ethereum was trading at $2,336.45 on the Investing.com Index, a loss of 19.83%.

Bitcoin's market cap was last at $1,105.922B or 56.04% of the total cryptocurrency market cap, while Ethereum's market cap totaled $301.107B or 15.26% of the total cryptocurrency market value.

Source: Investing.com