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Litecoin Climbs 10% In Bullish Trade

Published 11/02/2022, 04:58 AM
Updated 11/02/2022, 04:58 AM
Litecoin Climbs 10% In Bullish Trade

Investing.com - Litecoin was trading at $61.260 by 04:56 (08:56 GMT) on the Investing.com Index on Wednesday, up 10.36% on the day. It was the largest one-day percentage gain since November 2.

The move upwards pushed Litecoin's market cap up to $4.108B, or 0.41% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $25.609B.

Litecoin had traded in a range of $54.710 to $61.260 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a stagnation in value, as it only moved 1.06%. The volume of Litecoin traded in the twenty-four hours to time of writing was $481.944M or 0.66% of the total volume of all cryptocurrencies. It has traded in a range of $53.5400 to $61.2600 in the past 7 days.

At its current price, Litecoin is still down 85.41% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin was last at $20,470.1 on the Investing.com Index, down 0.55% on the day.

Ethereum was trading at $1,570.99 on the Investing.com Index, a loss of 1.06%.

Bitcoin's market cap was last at $392.440B or 38.84% of the total cryptocurrency market cap, while Ethereum's market cap totaled $191.693B or 18.97% of the total cryptocurrency market value.

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Litecoin  is one of the most promising cryptocurrencies. Its adoption has significantly grown over the years. Hold it for long-term results.
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