Litecoin Soars 41% As Investors Gain Confidence

Litecoin was trading at $72.815 by 05:52 (10:52 GMT) on the Index on Sunday, up 41.44% on the day. It was the largest one-day percentage gain since January 5.

The move upwards pushed Litecoin’s market cap up to $2.747B, or 1.35% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $14.099B.

Litecoin had traded in a range of $42.727 to $72.887 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a stagnation in value, as it only moved 0.44%. The volume of Litecoin traded in the twenty-four hours to time of writing was $2.847B or 4.28% of the total volume of all cryptocurrencies. It has traded in a range of $38.9723 to $72.8867 in the past 7 days.

At its current price, Litecoin is still down 99.98% from its all-time high of $421,092.53 set on December 27, 2019.

Elsewhere in cryptocurrency trading

Bitcoin was last at $7,429.9 on the Index, up 1.37% on the day.

Ethereum was trading at $135.27 on the Index, a gain of 1.31%.

Bitcoin’s market cap was last at $135.358B or 66.71% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $14.804B or 7.30% of the total cryptocurrency market value.

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