Litecoin Falls 12.75% In Selloff

Investing.com – was trading at $179.063 by 15:17 (09:47 GMT) on the Investing.com Index on Wednesday, down 12.75% on the day. It was the largest one-day percentage loss since Tuesday, September 7, 2021.

The move downwards pushed Litecoin’s market cap down to $11.904B, or 0.58% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B.

Litecoin had traded in a range of $169.646 to $188.707 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a rise in value, as it gained 2.01%. The volume of Litecoin traded in the twenty-four hours to time of writing was $5.760B or 2.34% of the total volume of all cryptocurrencies. It has traded in a range of $163.4165 to $232.2701 in the past 7 days.

At its current price, Litecoin is still down 57.37% from its all-time high of $420.00 set on Tuesday, December 12, 2017.

Elsewhere in cryptocurrency trading

, was last at $46,129.5 on the Investing.com Index, down 9.24% on the day.

was trading at $3,369.30 on the Investing.com Index, a loss of 9.28%.

Bitcoin’s market cap was last at $866.276B or 42.49% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $394.339B or 19.34% of the total cryptocurrency market value.