Litecoin Decreases More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Litecoin's (CRYPTO: LTC) price has decreased by 4.71% over the past 24 hours to $77.44, continuing its downward trend over the past week of -8.0%. Litecoin's trading volume has climbed 107.0% over the past week, moving in tandem with the overall circulating supply of the coin, which has increased 0.08%. The current market cap ranking for LTC is #15 at $5.71 billion.
August 16, 2023 | 7:00 pm
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Litecoin's price has decreased by 4.71% over the past 24 hours, continuing its downward trend over the past week of -8.0%. Trading volume has climbed 107.0% over the past week.
The decrease in Litecoin's price over the past 24 hours and the past week indicates a bearish trend. The increase in trading volume suggests that more investors are selling their holdings, which could further drive the price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100