Litecoin’s Impressive Surge
On Wednesday at 20:25 (01:25 GMT), Litecoin experienced a remarkable price increase, reaching $127.409 on the Investing.com Index. This 10.07% daily surge marked its most significant leap since December 2. Discover more on this article about Litecoin Rises 10%.
As a result, Litecoin’s market capitalization climbed to $9.540 billion, representing 0.26% of the entire cryptocurrency market. Over the last 24 hours, Litecoin fluctuated between $123.024 and $127.415, showcasing its dynamic movement.
Litecoin Rises 10% : Weekly Gains and Trading Volume
On a weekly basis, Litecoin recorded an impressive 16.87% appreciation in value. The 24-hour trading volume hit $1.716 billion, accounting for 0.92% of the total cryptocurrency trading volume.
Despite these gains, Litecoin remains 69.66% below its all-time high of $420.00, achieved on December 12, 2017.
Litecoin’s Context in the Market
While Litecoin surged, other major cryptocurrencies exhibited mixed performances:
- Bitcoin: Valued at $106,280.6, with a modest daily rise of 0.37%. Its market capitalization dominated at $2,107.152 billion, representing 56.76% of the total crypto market. Will it go back to 107,000 ?
- Ethereum: Priced at $3,885.74, showing a decline of 1.87%. Its market capitalization reached $469.063 billion, contributing 12.63% to the aggregate cryptocurrency market.
