Litecoin Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Litecoin's price has decreased by 3.15% over the past 24 hours to $85.86, contrary to its performance over the past week where it experienced an up-trend of 1.0%. The trading volume for the coin has decreased by 35.0% over the past week, while the overall circulating supply of the coin has decreased by 0.09% to over 73.25 million. The current market cap ranking for LTC is #12 at $6.28 billion.
June 28, 2023 | 3:00 pm
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NEGATIVE IMPACT
Litecoin's price has decreased by 3.15% over the past 24 hours, and its trading volume has also decreased by 35.0% over the past week. The overall circulating supply of the coin has decreased by 0.09%.
The decrease in Litecoin's price, trading volume, and circulating supply indicates a potential bearish trend for the cryptocurrency in the short term. This could negatively impact the price of LTCUSD.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100