Cryptocurrency

Litecoin’s value jumps by 10% in recent surge, showing promise for investors in the cryptocurrency market.

Litecoin Surges 10% in Impressive Rally

Litecoin’s Remarkable Growth

Litecoin showed significant growth, reaching $92.512 by 09:15 (14:15 GMT) on the Investing.com Index on Saturday, marking a 10.06% increase for the day, the most substantial rise since June 30, 2023.

Market Cap and Trading Range

This surge propelled Litecoin’s market cap to $6.840B, representing 0.29% of the total cryptocurrency market cap. Its market cap had previously reached $25.609B. The trading range for Litecoin fluctuated between $84.487 and $92.910 in the past twenty-four hours.

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Weekly Performance and Trading Volume

Over the last seven days, Litecoin experienced a notable 31.39% increase in value. The trading volume for Litecoin in the past twenty-four hours stood at $907.389M, accounting for 0.83% of the total cryptocurrency volume. The trading range for Litecoin in the past week varied from $69.1125 to $92.9103.

Price Discrepancy from All-Time High

Currently priced at $92.512, Litecoin remains 77.97% below its all-time high of $420.00, reached on December 12, 2017.

Cryptocurrency Market Overview

Bitcoin exhibited a 1.05% decrease, trading at $61,793.2 on the Investing.com Index. Ethereum, on the other hand, experienced a loss of 0.83%, trading at $3,409.26. Bitcoin’s market cap stood at $1,215.926B, representing 52.13% of the total cryptocurrency market cap, while Ethereum’s market cap was $410.318B, accounting for 17.59% of the total market value.

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