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Litecoin Climbs 11% As Investors Gain Confidence

Cryptocurrency 20 minutes ago (Jun 19, 2022 05:19AM ET)

Litecoin Climbs 11% As Investors Gain Confidence © Reuters Litecoin Climbs 11% As Investors Gain Confidence

Investing.com – was trading at $49.360 by 05:18 (09:18 GMT) on the Investing.com Index on Sunday, up 10.62% on the day. It was the largest one-day percentage gain since November 9, 2021.

The move upwards pushed Litecoin’s market cap up to $3.310B, or 0.40% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B.

Litecoin had traded in a range of $44.990 to $49.360 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 6.24%. The volume of Litecoin traded in the twenty-four hours to time of writing was $918.980M or 1.10% of the total volume of all cryptocurrencies. It has traded in a range of $40.4000 to $51.1800 in the past 7 days.

At its current price, Litecoin is still down 88.25% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

was last at $18,935.9 on the Investing.com Index, down 1.19% on the day.

was trading at $994.39 on the Investing.com Index, a loss of 0.09%.

Bitcoin’s market cap was last at $354.535B or 42.93% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $117.102B or 14.18% of the total cryptocurrency market value.

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