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Cryptocurrency News Articles

Surprising Surge in Litecoin Spikes Interest Among Investors

Nov 23, 2024 at 10:27 am

In an unexpected twist, Litecoin experienced a remarkable price surge. Around Saturday at 11:00 (02:00 GMT), Litecoin's price skyrocketed by 10.08%, reaching

Surprising Surge in Litecoin Spikes Interest Among Investors

output: Litecoin price soared on Saturday, continuing a recent rally in digital currency markets.

Around Saturday at 11:00 (02:00 GMT), Litecoin’s price surged by 10.08%, reaching $100.038 on the Investing.com Index. This marks Litecoin’s largest daily percentage gain since November 16, 2024.

This upward trend boosted Litecoin’s market capitalization to an impressive $7.469 billion, accounting for 0.22% of the entire cryptocurrency market cap. This is still a far cry from Litecoin’s previous market capitalization peak of $25.609 billion.

Over the past day, Litecoin traded between a low of $92.106 and a high of $100.038. Looking at the past week, Litecoin’s price has climbed by 15.23%, and its trading volume has reached $1.227 billion, making up 0.56% of all cryptocurrency transactions.

Despite the recent increase, Litecoin’s current price remains 76.18% lower than its all-time high of $420.00 recorded on December 12, 2017.

In the broader cryptocurrency market, Bitcoin saw a modest bump of 0.52%, trading at $98,601.6.

Bitcoin price on Investing.com at 10:59 (01:59 GMT) on Saturday was $98,601.6, up 0.52% on the day.

Over the past week, BTC price has risen by 3.22%.

World’s no. 1 cryptocurrency varied from $92,106.4 to $100,038.4 over the past 24 hours.

Over the past week, Litecoin price has increased by 15.23%. It had a trading volume at $1.227 billion over the past 24 hours, which makes up about 0.56% of all cryptocurrency trades.

When it comes to all-time highs, Litecoin is still down by 76.18% from its peak of $420.00 on December 12, 02017.

Other cryptocurrencies also saw slight changes on Saturday.

Ethereum increased by 0.61%, reaching $3,341.76.bnb price on Investing.com at 10:59 (01:59 GMT) on Saturday was $3,341.76, up 0.61% on the day.

Over the past week, ETH price went up by about 4.03%.

World’s no. 2 cryptocurrency varied from $92,106.4 to $100,038.4 over the past 24 hours. Over the past week, Litecoin price went up by 15.23%. It had a trading volume at $1.227 billion over the past 24 hours, which makes up about 0.56% of all cryptocurrency trades.

When it comes to all-time highs, Litecoin is still down by 76.18% from its peak of $420.00 on December 12, 2017.

Bitcoin dominates with a market cap of $1,950.102 billion, representing 58.45% of the total market, while Ethereum holds a 12.05% share with its $402.129 billion market cap.

News source:bitperfect.pe

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