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Cryptocurrency News Articles
Litecoin Drops 11% to $102, Its Biggest One-Day Loss Since December
Dec 20, 2024 at 08:02 am
Litecoin was trading at $102.352 by 12:56 (17:56 GMT) on the Investing.com Index on Thursday, down 11.37% on the day. It was the largest one-day percentage loss since December 18.
Litecoin price experienced a significant decline on Thursday, dropping by 11.37% to reach $102.352 by 12:56 (17:56 GMT) on the Investing.com Index. This marked the largest one-day percentage loss for Litecoin since December 18.
The downturn pushed Litecoin's market cap down to $7.854B, which is approximately 0.41% of the total cryptocurrency market cap. At its peak, Litecoin's market cap reached $25.609B.
In the previous twenty-four hours, Litecoin price fluctuated between a range of $100.857 to $111.649.
Over the past seven days, Litecoin has seen a decrease in value, dropping by 14.73%. According to data from Investing.com, the volume of Litecoin traded in the twenty-four hours to the time of writing was $1.775B, or 0.75% of the total volume of all cryptocurrencies. Litecoin price has ranged between $100.8572 to $131.3271 in the past 7 days.
At its current price, Litecoin is still down 75.63% from its all-time high of $420.00 set on December 12, 2017.
In other cryptocurrency news
Bitcoin price was last at $98,168.4 on the Investing.com Index, showing a decrease of 6.19% on the day.
Ethereum price was trading at $3,458.78 on the Investing.com Index, indicating a loss of 10.85%.
Bitcoin's market cap was last at $1,959.578B or 102.87% of the total cryptocurrency market cap, while Ethereum's market cap totaled $423.792B or 22.25% of the total cryptocurrency market value.
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- Ripple's RLUSD Stablecoin Reached a Value of $1,200 Per Coin Before Launch, CTO David Schwartz Explains the Reason Behind the Pricing
- Dec 20, 2024 at 07:26 pm
- Ripple’s RLUSD launched on December 17, birthing a native stablecoin on the XRPL network. The launch sparked positive sentiments around the XRP
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- Chainlink (LINK) Price Prediction as CCIP Integrates with Shibarium (SHIB) L2 Blockchain Solution
- Dec 20, 2024 at 07:26 pm
- Chainlink Labs’ Chief Business Officer, Johann Eid, expressed enthusiasm about the collaboration, stating, “We’re thrilled to partner with Shiba Inu and jointly develop its ecosystem.”
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- Billy Markus, the Co-Founder of Dogecoin, Reacts Sarcastically to the Massive Price Fall Faced by the Crypto Market
- Dec 20, 2024 at 07:25 pm
- Billy Markus, one of the two founders of the original meme cryptocurrency Dogecoin launched in 2013, has published a post where he commented on the massive price fall faced by Bitcoin, Ethereum, and Dogecoin, along with the rest of the crypto market over the last 24 hours.
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- FXGuys ($FXG) Presale Enters Stage 2 as SOL Eyes the $400 Price Mark
- Dec 20, 2024 at 07:15 pm
- Solana (SOL) is one of the top altcoins that has remained in the spotlight since the beginning of the current bull cycle. The SOL chart shows that the token could rise to its ATH of $263 again. However, many investors worry about Solana’s high volatility and limited opportunities for passive income, so they consider FXGuys ($FXG) as an alternative with better growth potential.