Litecoin Surges by 10% in One Day
Litecoin’s Impressive Performance
Litecoin saw a significant surge in value, with its price reaching $104.456 by 09:35 (13:35 GMT) on Friday. This marked a 10.03% increase, the largest one-day gain since March 29.
Market Cap and Trading Range
The upward movement pushed Litecoin’s market cap to $7.687B, equivalent to 0.29% of the total cryptocurrency market cap. The coin’s market cap had previously peaked at $25.609B. Litecoin traded within the range of $92.977 to $104.456 in the previous twenty-four hours.
Recent Performance and Trading Volume
Over the past seven days, Litecoin has seen a 25.08% increase in value. The volume of Litecoin traded in the last twenty-four hours was $1.199B, representing 1.33% of the total volume of all cryptocurrencies. The coin’s trading range in the past week varied from $82.9449 to $104.4562.
Comparison to All-Time High
Despite its current price, Litecoin remains 75.13% below its all-time high of $420.00, which was achieved on December 12, 2017.
Bitcoin and Ethereum Performance
Bitcoin was trading at $70,415.9, reflecting a 0.68% decrease, while Ethereum’s price stood at $3,548.94, down by 1.00%. Bitcoin’s market cap accounted for $1,380.713B or 52.13% of the total cryptocurrency market cap, while Ethereum’s market cap totaled $424.771B, representing 16.04% of the total market value.