Litecoin Down More Than 6% Within 24 hours
Portfolio Pulse from Benzinga Insights
Litecoin's price has decreased by 6.67% in the past 24 hours to $85.55, continuing a downward trend over the past week of -7.0%. Trading volume has tumbled 31.0% while the circulating supply has risen 1.06% to 72.99 million, making up 86.89% of its max supply.
May 24, 2023 | 3:04 pm
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Litecoin's price has decreased by 6.67% in the past 24 hours, continuing a downward trend over the past week of -7.0%. Trading volume has tumbled 31.0% while the circulating supply has risen 1.06%.
The decrease in Litecoin's price and trading volume, along with the increase in circulating supply, indicates a bearish sentiment in the market. This may lead to further downward pressure on the price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100