Daily updates on foreign exchange news

Litecoin Plunges 36% In Rout

Litecoin was trading at $131.077 by 22:42 (03:42 GMT) on the Index on Monday, down 36.27% on the day. It was the largest one-day percentage loss since March 12, 2020.

The move downwards pushed Litecoin's market cap down to $9.902B, or 1.04% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $14.099B.

Litecoin had traded in a range of $124.505 to $170.547 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a drop in value, as it lost 5.87%. The volume of Litecoin traded in the twenty-four hours to time of writing was $12.259B or 6.66% of the total volume of all cryptocurrencies. It has traded in a range of $124.5050 to $185.6710 in the past 7 days.

At its current price, Litecoin is still down 68.79% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin was last at $34,430.9 on the Index, down 19.62% on the day.

Ethereum was trading at $1,055.06 on the Index, a loss of 24.23%.

Bitcoin's market cap was last at $647.157B or 68.06% of the total cryptocurrency market cap, while Ethereum's market cap totaled $123.965B or 13.04% of the total cryptocurrency market value.