Litecoin Drops 11% to $102, Its Biggest One-Day Loss Since December

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.