Litecoin drops 12% in value, market cap significantly lower

From Investing.com

August 4, 2024 9:11:03 PM:

Litecoin experienced a significant drop, trading at $56.641, down 12.49% in the largest one-day percentage loss since April 12. Its market cap fell to $4.462B, compared to its high of $25.609B.

In the past week, Litecoin lost 16.95% in value, with trading volume of $310.643M. The current price is 86.51% lower than its all-time high of $420.00.

Bitcoin fell to $54,701.4, down 9.17%, while Ethereum dropped to $2,336.45, losing 19.83%. Bitcoin’s market cap is $1,105.922B, and Ethereum’s is $301.107B.

Read more at Investing.com: Litecoin Falls 12% In Selloff By Investing.com