Litecoin’s Upward Climb: A Day to Remember
Litecoin’s Surge: A 10% Jump!
Litecoin made waves on Thursday, trading at an impressive $61.543 as of 19:08 (23:08 GMT) on the Investing.com Index, showcasing a delightful increase of 10.02% for the day. This is the biggest single-day gain we’ve seen since August 8—definitely a reason for celebration!
Market Cap Milestone
Thanks to this upward movement, Litecoin’s market cap soared to $4.627 billion, which accounts for about 0.24% of the entire cryptocurrency market cap. Just a few years back, it was riding high at a peak market cap of $25.609 billion—impressive, right?
Trading Range for the Day
In the previous 24 hours, Litecoin danced between $55.254 and $61.906. It’s been quite the wild ride for traders, full of ups and downs in this ever-volatile market!
A Week of Decline
However, despite today’s cheerful news, Litecoin’s performance over the last week has been lackluster, with a drop of 11.35%. During the last 24 hours, the trading volume hit $290.060 million, roughly 0.12% of the total trading volume across all cryptocurrencies. In the past week, it traded between $50.3129 and $69.9532—definitely some swings to keep an eye on!
Comparison to All-Time High
With that said, at its current price, Litecoin is still trailing significantly—down by 85.35% from its all-time high of $420.00 that it set back on December 12, 2017. It’s hard not to feel sentimental about those prices!
Blockchain Buddies: What Else is Happening?
Bitcoin Bargain Hunters Alert!
Meanwhile, Bitcoin is also seeing some good vibes, currently at $62,473.5 on the Investing.com Index, with an impressive gain of 13.04% today. Talk about Bitcoin stronghold!
Ethereum’s Exciting Movement
Ethereum isn’t sitting on the sidelines either, trading at $2,711.17, marking a lovely gain of 15.12%. This realm of cryptocurrencies is buzzing!
Market Dominance
Lastly, Bitcoin comprises a whopping $1,232.144 billion market cap, making up 64.68% of the total market. Ethereum checks in at $327.346 billion, holding 17.18% of the crypto market. It’s clear that these digital currencies are keeping everyone on their toes!
