Litecoin Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Litecoin's price has fallen 3.63% to $74.34 in the past 24 hours, continuing its negative trend over the past week with a 17.0% loss. Trading volume has increased 52.0% while the circulating supply has decreased 0.02%. The current market cap ranking for LTC is #12 at $5.40 billion.
June 15, 2023 | 7:00 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Litecoin's price has dropped 3.63% in 24 hours and 17.0% over the past week. Trading volume has increased 52.0%, while circulating supply has decreased 0.02%. Market cap ranking is #12 at $5.40 billion.
The price of Litecoin has decreased significantly in both the short term (24 hours) and the past week, indicating a negative trend. The increase in trading volume suggests that there is increased interest in the asset, but the decrease in circulating supply could be contributing to the price decline. The market cap ranking at #12 shows that Litecoin is still a significant player in the cryptocurrency market, but the negative trend may continue in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100