Litecoin experienced a notable surge, reaching $82.133 Index by 23:35 (04:35 GMT) on Thursday, marking an 11.08% gain in a single day. This surge represents the most significant one-day percentage increase since June 30, 2023.
The upward movement propelled Litecoin’s market capitalization to $5.892 billion, constituting 0.26% of the total cryptocurrency market cap. However, it’s important to note that Litecoin’s market cap reached a peak of $25.609 billion at its highest point.
Within the previous twenty-four hours, Litecoin’s price ranged from $73.935 to $82.133, showcasing its volatility amid the bullish momentum.
Over the last seven days, Litecoin demonstrated a 15.97% increase in value, indicating positive sentiment within the market. The trading volume for Litecoin in the twenty-four hours leading up to the mentioned time was $858.902 million, representing 0.45% of the total volume of all cryptocurrencies. The cryptocurrency traded within the range of $67.5438 to $82.1330 during the past week.
Despite this recent surge, Litecoin remains down by 80.44% from its all-time high of $420.00 recorded on December 12, 2017.