Litecoin Declines 11% Amid Market Rout

Litecoin was trading at $64.47 as of 20:04 (00:04 GMT) on Friday, marking a significant decline of 10.65% for the day. This downturn represented the largest single-day percentage drop since April 12.

As a result of the decrease, Litecoin’s market capitalization fell to $4.88 billion, which accounts for 0.23% of the overall cryptocurrency market cap. At its peak, the market cap of Litecoin had reached $25.61 billion.

In the previous 24 hours, Litecoin traded within a range of $64.45 to $65.52. Over the course of the past week, the cryptocurrency experienced a 10.68% decrease in value, with a trading volume of $449.11 million, or 0.47% of the total volume across all cryptocurrencies. During this week, Litecoin has seen trading fluctuations between $64.45 and $76.76.

Currently, Litecoin remains 84.65% lower than its all-time high of $420, which was reached on December 12, 2017.

### Other Cryptocurrency Movements

In related trading activity, Bitcoin was last recorded at $56,899.10, reflecting a decline of 5.48% for the day. Meanwhile, Ethereum traded at $3,047.47, down 7.52%.

Bitcoin’s market capitalization stood at approximately $1.12 trillion, representing 53.75% of the total cryptocurrency market cap, while Ethereum’s market cap was around $368.07 billion, accounting for 17.61% of the overall market value.