Litecoin Climbs 10% As Investors Gain Confidence

Investing.com - Litecoin was trading at $114.113 by 09:27 (13:27 GMT) on the Investing.com Index on Friday, up 10.09% on the day. It was the largest one-day percentage gain since May 24.

The move upwards pushed Litecoin's market cap up to $7.098B, or 2.78% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $14.099B.

Litecoin had traded in a range of $109.349 to $114.267 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a rise in value, as it gained 4.84%. The volume of Litecoin traded in the twenty-four hours to time of writing was $5.044B or 7.13% of the total volume of all cryptocurrencies. It has traded in a range of $98.5776 to $116.0789 in the past 7 days.

At its current price, Litecoin is still down 72.83% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin was last at $7,935.2 on the Investing.com Index, up 2.72% on the day.

Ethereum was trading at $247.03 on the Investing.com Index, a gain of 1.47%.

Bitcoin's market cap was last at $141.416B or 55.48% of the total cryptocurrency market cap, while Ethereum's market cap totaled $26.453B or 10.38% of the total cryptocurrency market value.

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