Litecoin Decreases More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Litecoin's (CRYPTO: LTC) price has fallen 4.26% to $88.86 in the past 24 hours, contrasting its positive trend over the past week where it gained 1.0%. Trading volume has increased 129.0% over the past week, and the circulating supply of the coin has increased 0.11% to 73.50 million, which is 87.5% of its max supply. LTC's current market cap ranking is #12 at $6.55 billion.
August 04, 2023 | 11:31 am
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NEGATIVE IMPACT
Litecoin's price has dropped 4.26% in the past 24 hours, despite a 1.0% gain over the past week. Trading volume has increased 129.0% over the past week.
The decrease in Litecoin's price over the past 24 hours, despite its positive trend over the past week, could negatively impact its short-term price. The increase in trading volume suggests heightened activity and interest in the coin, which could influence price movements.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100