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Litecoin Experiences 10% Decline in Selloff

Litecoin faced a significant downturn on the Index, registering a 10.15% loss within a single day, marking its most substantial one-day percentage decline since January 3.

This downward movement contributed to a reduction in Litecoin’s market capitalization to $6.123 billion, accounting for 0.25% of the overall cryptocurrency market cap. In contrast, Litecoin’s market cap had previously reached as high as $25.609 billion.

Over the course of the preceding twenty-four hours, Litecoin’s price fluctuated within a range of $81.138 to $86.317.

In the past week, Litecoin has experienced a decline in value, with a loss of 7.53%. The trading volume for Litecoin during the twenty-four hours leading up to the time of writing amounted to $634.902 million, constituting 0.43% of the total volume of all cryptocurrencies. Throughout the last seven days, Litecoin’s price ranged from $81.1377 to $105.6173.

Presently, Litecoin’s price remains significantly lower, standing at a decrease of 80.68% from its all-time high of $420.00 achieved on December 12, 2017.