Litecoin Rises 10.27% on a Positive Trading Day

Litecoin experienced a notable increase in value, trading at $61.42 as of 18:34, marking a 10.27% rise for the day. This surge represents the largest one-day percentage gain since August 17.

As a result of this upward movement, Litecoin’s market capitalization rose to $3.51 billion, accounting for 1.59% of the total cryptocurrency market. At its peak, Litecoin’s market cap reached $14.10 billion.

In the preceding twenty-four hours, Litecoin’s trading range was between $55.16 and $61.47. Over the past week, however, Litecoin’s value showed minimal fluctuation, with only a 1.27% increase. The trading volume within the last twenty-four hours was approximately $252.53 million, representing 1.55% of the total volume for all cryptocurrencies. In the last week, it traded within a range of $48.93 to $61.54.

Despite the recent gains, Litecoin is still down by 85.38% from its all-time high of $420.00, achieved on December 12.

In other cryptocurrency news, another prominent asset recently traded at $6,553.70, reflecting a 4.12% increase for the day, while another was priced at $315.36, showing a 9.8% gain. Bitcoin’s market capitalization stood at $112.69 billion, making up 50.87% of the total cryptocurrency market, while Ethereum’s market cap totaled $31.81 billion, accounting for 14.36% of the overall cryptocurrency market value.