Litecoin Climbs 10% As Investors Gain Confidence

Investing.com - Litecoin was trading at $47.913 by 11:35 (16:35 GMT) on the Investing.com Index on Monday, up 10.04% on the day. It was the largest one-day percentage gain since February 8.

The move upwards pushed Litecoin's market cap up to $2.869B, or 2.17% of the total cryptocurrency market cap. At its highest, Litecoin's market cap was $14.099B.

Litecoin had traded in a range of $43.798 to $47.913 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a rise in value, as it gained 8.55%. The volume of Litecoin traded in the twenty-four hours to time of writing was $1.328B or 4.28% of the total volume of all cryptocurrencies. It has traded in a range of $40.7214 to $47.9127 in the past 7 days.

At its current price, Litecoin is still down 88.59% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

Bitcoin was last at $3,874.1 on the Investing.com Index, up 6.58% on the day.

Ethereum was trading at $147.12 on the Investing.com Index, a gain of 13.70%.

Bitcoin's market cap was last at $68.310B or 51.74% of the total cryptocurrency market cap, while Ethereum's market cap totaled $15.455B or 11.71% of the total cryptocurrency market value.

Related Articles

Bitcoin Drifts Below $4,000; Mizuho to Launch Stablecoin

Crypto Up; Bank of China Joins Blockchain

EOS Climbs 10% In Bullish Trade