Litecoin Falls 11% In Selloff

starcrypto – Litecoin was buying and selling at $86.120 by 20:33 (01:33 GMT) on the starcrypto Index on Friday, down 11.42% on the day. It was the most important one-day share loss since November 9, 2022.

The transfer downwards pushed Litecoin’s market cap right down to $6.861B, or 0.64% of the whole cryptocurrency market cap. At its highest, Litecoin’s market cap was $25.609B.

Litecoin had traded in a variety of $86.120 to $95.420 within the earlier twenty-four hours.

Over the previous seven days, Litecoin has seen a stagnation in worth, because it solely moved 0.3%. The quantity of Litecoin traded within the twenty-four hours to time of writing was $464.583M or 1.13% of the whole quantity of all cryptocurrencies. It has traded in a variety of $86.1200 to $98.2700 prior to now 7 days.

At its present worth, Litecoin remains to be down 79.50% from its all-time excessive of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency buying and selling

Bitcoin was final at $22,283.5 on the starcrypto Index, down 5.60% on the day.

Ethereum was buying and selling at $1,563.06 on the starcrypto Index, a lack of 5.78%.

Bitcoin’s market cap was final at $452.266B or 42.40% of the whole cryptocurrency market cap, whereas Ethereum’s market cap totaled $201.015B or 18.85% of the whole cryptocurrency market worth.