Litecoin Climbs 10% As Investors Gain Confidence
Investing.com – Litecoin was trading at $86.660 by 20:56 (00:56 GMT) on the Investing.com Index on Saturday, up 10.47% on the day. It was the largest one-day percentage gain since November 23, 2022.
The move upwards pushed Litecoin’s market cap up to $6.186B, or 0.53% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B.
Litecoin had traded in a range of $84.670 to $86.660 in the previous twenty-four hours.
Over the past seven days, Litecoin has seen a rise in value, as it gained 18.44%. The volume of Litecoin traded in the twenty-four hours to time of writing was $624.613M or 0.73% of the total volume of all cryptocurrencies. It has traded in a range of $67.4400 to $88.1000 in the past 7 days.
At its current price, Litecoin is still down 79.37% from its all-time high of $420.00 set on December 12, 2017.
Elsewhere in cryptocurrency trading
Bitcoin was last at $27,597.8 on the Investing.com Index, up 10.75% on the day.
Ethereum was trading at $1,812.82 on the Investing.com Index, a gain of 8.86%.
Bitcoin’s market cap was last at $530.510B or 45.47% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $218.819B or 18.75% of the total cryptocurrency market value.