Litecoin Tumbles 21% In Selloff

© Reuters.  © Reuters. – was trading at $31.880 by 11:15 (16:15 GMT) on the Index on Thursday, down 20.94% on the day. It was the largest one-day percentage loss since September 14, 2017.

The move downwards pushed Litecoin’s market cap down to $2.009B, or 1.58% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $14.099B.

Litecoin had traded in a range of $31.875 to $38.961 in the previous twenty-four hours.

Over the past seven days, Litecoin has seen a rise in value, as it gained 4.38%. The volume of Litecoin traded in the twenty-four hours to time of writing was $604.859M or 2.88% of the total volume of all cryptocurrencies. It has traded in a range of $30.8369 to $40.7998 in the past 7 days.

At its current price, Litecoin is still down 92.41% from its all-time high of $420.00 set on December 12, 2017.

Elsewhere in cryptocurrency trading

was last at $3,570.9 on the Index, down 10.54% on the day.

was trading at $0.32016 on the Index, a loss of 12.98%.

Bitcoin’s market cap was last at $65.755B or 51.77% of the total cryptocurrency market cap, while XRP’s market cap totaled $13.621B or 10.72% of the total cryptocurrency market value.

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